Budgens and Londis GB DC Scheme
Statement of Investment Principles - May 2017
The Trustees of the Budgens and Londis GB DC Scheme (“the Scheme”) have drawn up this Statement of Investment Principles (“the Statement”) to comply with the requirements of:
- The Pensions Act 1995, as amended by the Pensions Act 2004;
- The Occupational Pension Schemes (Investment) Regulations 2005, as amended by the Occupational Pension Schemes (Charges and Governance) Regulations 2015; and
- Subsequent legislation.
The Statement is intended to affirm the investment principles that govern decisions about the Scheme’s investments. A separate document detailing the specifics of the Scheme’s investment arrangements has also been drawn up and is attached as an appendix to this Statement.
In preparing this Statement the Trustees have consulted the employer and will consult with the employer before revising this document. However, the ultimate power and responsibility for deciding investment policy lies solely with the Trustees.
Click here to read the full Statement