Statement of Principles

The Trustee has produced a written statement, in conjunction with the Company and the Investment Managers, stating the rules by which the Scheme's fund is invested. This is known as the Statement of Investment Principles.

The document has to be kept up-to-date and reflect changes in the Trustee's thinking and legal requirements.

The Trustee has also produced an Implementation Statement, which sets out how the Trustee's engagement policy has been followed and the voting behaviour by or on behalf of the Trustee.

You will find the latest Statement of Investment Principles and Implementation Statement below: 

STATEMENT OF INVESTMENT PRINCIPLES AT SEPTEMBER 2021

PSS IMPLEMENTATION STATEMENT 2020