Hear our summary

Key investment headlines

The Board has the privilege of managing

£3.5bn

of pension savings on behalf of our members

A total of

£896m

of our assets under management is invested in the UK, that's 28.3%

The Board has achieved returns of

9.5%

on assets invested for growth within our defined benefit schemes

In 2025, we voted on

1,041

listed companies with 15,357 votes cast

This continued strong performance averages

8.2%

a year over the past two decades

We voted against

19.27%

of management recommendations