All Funds are required to have an investment strategy. This is a document that explains the selection, monitoring and managing of the Funds’ investments. It lists all the portfolios, as well as the objectives of each, and how these objectives will be measured.
When compiling the investment strategy, the Board of Trustees, in consultation with the Investment Sub-committee and the Investment Consultant, consider factors such as inflation over the long term, the age profile and salary profile of members, targeted replacement ratio, and the Pension Funds Act.
Why should you consider the Trustees’ choice? Not all of us are investment experts. In fact, for many of us, the investment world can seem quite intimidating. That’s why the Fund's Trustees have put various default investment strategies in place for members. Since very few members make investment choices, default investment strategies are very important: so important that they are governed by Regulation 37 of the Pension Funds Act, which requires Trustees to have default investment strategies in place. Click here to read more...
