Statement of Investment Principles (SIP)
A SIP is a written statement that governs decisions about the investments for occupational pension schemes, such as Ensign. The Trustee Board prepares, maintains and updates the SIP. The SIP is reviewed every three years or after any significant change in investment policy.
Trust Deed and Rules
The Trust Deed and Rules set out the Trustee Board’s powers and the procedures trustees must follow. The Trust Deed is a legal document that sets up and governs the scheme. The Rules set out more detailed conditions, for example, the benefits that will be provided.
The Implementation Statement is a document produced by the Trustee in line with Trustee disclosure requirement which describes how, and to what extent, the Trustee has followed the principles and policies set out in its Statement of Investment Principles during the year ended 31 March 2021. It includes information about voting and engagement carried out during the year by investment managers of the funds available to Ensign members..