A dedicated Investments Section aims to maximise the monies held by the ERPF. The Investment Section is not part of the Pensions Section, although it is housed in the same building in Goole Council Offices.
Through funding strategies, financial governance and a investment strategy, the Investments Section work to keep the ERPF well-funded and fit for purpose. The links below will take you to various documents that guide the investment team in their work.
The ERPF assets need to be invested to ensure an appropriate rate of return whilst safeguarding against risk.
The following documents provide the framework for setting out the responsibilities for the management of the pension fund assets to ensure future pension liabilities can be met.
In addition the Fund has a Responsible Investment Policy, which described the approach to environmental, social and governance issues, and a Climate Change Statement which specifically addresses risks relating to climate change.
The Fund has adopted the Border to Coast's Responsible Investment Policy as its own. This Policy has been developed by Border to Coast and the eleven partner funds including East Riding Pension Fund.
Tel: (01482) 394148
In order to fulfil its responsibilities, the ERPF will communicate with companies and as a general principle, the ERPF voting rights will be used to protect shareholder rights, to minimise risk to companies from corporate governance failure, to enhance long term value and to encourage corporate social responsibility.
The Corporate Governance and Voting Policy has been developed by Border to Coast and the 11 partner funds including East Riding Pension Fund. This Policy has been adopted by the Fund.
The East Riding Pension Fund supports the FRC Stewardship Code and, as part of its commitment to best practice, seeks to apply the Principles in the Code to its investment activity.
The East Riding Pension Fund Annual Report provides details of all the issues affecting the fund during the previous 12 months together with information on its financial position and performance.
To read or download the latest report please see links below: