Forest Laboratories UK Ltd Pension Scheme (the Scheme)
Statement of Investment Beliefs
Legislation requires trustees to schemes of a certain size to agree a Statement of Investment Principles in consultation with the sponsoring employer. As the Scheme has fewer than 100 members, it is not subject to the legislative requirement to maintain a Statement of Investment Principles. However, the trustee believes that it is good practice to formally document the principles governing how decisions about investments are made and has therefore produced a Statement of Investment Beliefs (SIB). The SIB details the current investment strategy, investment objectives and policies including the way risks are measured and managed and stewardship and the Trustee's approach to financially material considerations and non-financial matters.
The Scheme has two SIBs, one relating to the defined benefit section of the Scheme and the other relating to the defined contribution section. The most recent SIBs for the Scheme can be found on this page.
Annual Governance Statement
Trustees of defined contribution pension schemes are required to prepare an Annual Governance Statement. This statement provides information about the governance of the Scheme and details how the Trustee has met its legal obligations in relation to the management of the defined contribution section of the Scheme during the year in question. It also provides information about certain charges and transaction costs incurred in the operation of the defined contribution section of the Scheme.
The most recent Annual Governance Statement for the Scheme can be found on this page.