Strategic Investment Advice
- Cheshire West and Chester Council is the administering authority for the Cheshire Pension Fund.
- Cheshire West and Chester
- Cheshire West and Chester Council is the administering authority for the Cheshire Pension Fund. The Council administers the Fund for the employees of Cheshire West and Chester Council, Cheshire East Council, Warrington Borough Council, Halton Borough Council and 109 other employers and admitted bodies.
As at 31st March 2011 there were approximately 73,000 members – with 31,300 active members, 21,600 pensioners and 20,100 deferred. Contributions income for the year to 31st March 2011 was £150 million, and Investment income was £47 million. Benefits expenditure for the year was £130 million.
The primary objective of the Fund is to provide for member’s pension and lump sum benefits on their retirement or for their dependant’s benefits on death before or after retirement, on a defined benefit basis. The funding strategy statement, Annual Report and statement of investment principles are available on the Fund’s website www.cheshirepensionfund.org.uk< /P>
The legal framework for the investment of the Fund is contained in The Local Government Pension Scheme Regulations. Tenderers must be familiar with the content of these Statutory Instruments, and must be suitably qualified to provide the Council with ‘proper advice’ in accordance with the Regulations.
At present the Fund operates one investment strategy and is currently seeding new Absolute Return mandates from UK Equities to achieve the strategy’s target benchmark asset.”
- Mrs Ann Hope
- Email Address:
- 01244 972369
58 Nicholas Street
- 02/02/2012 16:00
- 13/03/2012 17:00
- 60 (months)
- 0 (months)