We are asking all Members to read the 'draft statement' and share their feedback with us
The legal bit
The Local Government Pension Scheme (LGPS) Investment Regulations, which became effective on 1 November 2016, introduced a requirement for administering authorities to formulate, publish and maintain an investment strategy statement (ISS).
The fund’s statement has been prepared in line with regulation 7 of the Local Government Pension Scheme (Management and Investment of Funds) Regulations 2016 and is reviewed every three years after the tri-annual valuation.
What is covered in the ‘ISS’
The investment strategy statement (ISS) explains the fund’s investment objectives and how its investments are spread across equities, bonds and alternatives.
It is important because it formalises how the fund manages risk, responds to market conditions and integrates factors such as climate risk and stewardship into its strategy. It also outlines each investment manager’s target performance and how fund meets the Myners Principles*.
The statement supports informed decision-making by clearly articulating how the fund aims to achieve its long-term funding goals while safeguarding the interests of members and employers alike.
What you need to do?
- Read the DRAFT statement and
- Complete the survey by 21 August.
Your view is important to us and helps us to understand what matters most to you. We would particularly like you to:
- Highlight any concerns.
- Identify areas for improvement.
Feedback supports better decision‑making and helps us develop an investment strategy that is clear, balanced and focused on delivering strong long‑term outcomes.
The questions are optional
So please answer only the questions where you would like to provide feedback.
Deadline 21 August 2026
* The Myners Principles are a set of voluntary best-practice guidelines for investment decision-making, originally commissioned by HM Treasury in 2001 They aim to improve the governance, transparency, and effectiveness of institutional investment, particularly within UK pension funds.
