Statement of Investment Principles (SIP) and Implementation Statement
The Statement of Investments Principles (SIP) is a written statement which sets out the Trustees’ investment policy for the British Tourist Boards’ Staff Pension and Life Assurance Scheme (BTB Scheme).
As a member, you can ask to see our SIP at any time, but a change in the law means we have to publish it on a public website from 1 October 2020. It is available here. The SIP is published alongside another document called the Implementation Statement that sets out how the Trustees have followed the voting and engagement policies in the SIP during the year. The Trustees review the SIP and Implementation Statement regularly, to make sure that the investment strategy is still helping the Scheme achieve its objectives.