Search site
»
  • Governance

Governance

Decision-making powers regarding the Fund's investments can be summarized as follows:

  • The City of Wolverhampton Council delegates responsibility for the administration and management of the Fund to the Pensions Committee

  • The Pensions Committee's main responsibility is to determine a suitable investment policy based on a medium term strategic allocation benchmark

  • The Pensions Committee has delegated responsibility for investment specific decisions to the Investment Advisory Sub-Committee which has oversight of the implementation of the management arrangements for the Fund's assets

  • The Strategic Director of Pensions oversees the implementation of Committee policy and the management of the day-to-day operational functions

  • The Investment Advisory Panel advises the Strategic Director of Pensions on investment issues

Further details on the Fund's governance arrangements in respect of investments can be found in its Statement of Investment Principles (including its investment beliefs) and also in the Governance section of the website.

Powered by GOSS iCM