London Borough of Bexley's Investment Strategy Statement

The London Borough of Bexley Pension Fund Investment Strategy Statement was adopted by the Pensions Committee on 8 March 2017.

In November 2015 the Government launched a consultation exercise on revoking and replacing the Local Government Pension Scheme (Management and Investment of Funds) Regulations 2009. The revised LGPS Investment Regulations came into effect from 1 November 2016. They require the Fund to prepare and approve an Investment Strategy Statement (ISS) by 1 April 2017 which must be kept under review and revised from time to time and at least every three years. The ISS replaces the Statement of Investment Principles (SIP) with the main difference being the inclusion of the Authority’s approach to pooling and a requirement to invest in a wide variety of investments.

The new Investment Strategy Statement was circulated for consultation and the current version was agreed at Pensions Committee on 8th March 2017.

London Borough of Bexley have also produced a Statement of Compliance with the Stewardship Code.