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Statement of Investment Principles (SIP)

This sets out the principles governing investment decisions for the Plan. Each pension scheme has to have a SIP, in accordance with the Pensions Act 1995 ("the Act") and subsequent legislation. 

The Trustee is responsible for determining the Plan’s investment policy. The SIP has been reviewed due to changes to the investment strategy taking place during 2009  which takes into account the PPF’s  view on investment strategy.

The SIP covers the Investment Objectives, Risk Management and Measurement, Stategic  Asset  Allocation, Day to Day Management of the Assets, Additional Assets, Realisation of Investments  and Socially Responsible Investments and Corporate Governance.

The latest version of the SIP was approved by the Trustees at their meeting on the 22nd September 2009.

Click here to view the SIP dated September 2009

Click here to view the SIP dated February 2008

Click here to View the SIP dated June 2007

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