Investment Policy Statement – It’s not Just a Statement, It’s a Policy Matter!
While almost every pension fund has one, not every fund is consistently and loyally abiding by the provisions of their Investment Policy Statement (IPS). It’s certainly no news to most trustees that failure to diligently follow an investment policy statement is considered a breach of fiduciary responsibility, and yet their engagement with their IPSs at times makes it seem they are not alert to this principle. Click the link below for the full RIMCA April 2021, 4th State of the Pensions Fund Industry… State of the Pensions Industry