Statement of investment principles (SIP) for defined contribution (DC) pension scheme
Produced in partnership with Martin Scott of Gunnercooke LLP
Statement of investment principles (SIP) for defined contribution (DC) pension scheme

The following Pensions precedent produced in partnership with Martin Scott of Gunnercooke LLP provides comprehensive and up to date legal information covering:

  • Statement of investment principles (SIP) for defined contribution (DC) pension scheme

THE [insert name of pension scheme] PENSION SCHEME

This statement of investment principles is effective from [insert date].

    1. 1

      Statement of investment principles

      1. 1.1

        Purpose of statement

        This statement sets out the principles governing the decisions about the investment of the assets of the [insert name] Pension Scheme (the Scheme). This statement is issued by the Trustees of the [insert name] Pension Scheme (the Trustees) to comply with the Pensions Act 1995, s 35.

      1. 1.2

        Review

        The statement will be reviewed annually. A special review may be undertaken at any time if the Trustees think that there has been a significant change in investment policy or any other circumstances affecting the Scheme.

      1. 1.3

        Advice

        The Trustees have obtained and considered written advice on the content of this statement in a letter from [insert name of investment consultant or actuary]. [insert name] have confirmed to the Trustees that they are qualified by their ability in and practical experience of financial matters and have the appropriate knowledge and experience of the management of the investments of such schemes to give the advice required by the Pensions Act.

      1. 1.4

        Consultation

        The Trustees have consulted the Employers [insert name] about the content of this statement.

      1. 1.5

        Investment powers

        The Scheme is governed by its Trust Deed and Rules which set out all of the benefits in detail and specifies the Trustees’ investment powers, which are set out in [insert clause

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