Our principal UK pension arrangement is the Wood Pension Plan and it is governed by a Trustee Board which is separate from the company. The Plan is divided into Defined Benefit (DB) and Defined Contribution (DC) sections, the assets for which are held separately from each other and completely independent from the assets of the company. The documents below are made available to explain the Trustee’s approach to the investment of the DB and DC assets. This includes its investment philosophy, objectives and the strategy for managing the assets, as well as its approach to responsible investment.
Our Statement of Investment Principles defines the policies and principles that govern decisions on how the Plan’s DB and DC investments are managed.
Our Investment Policy Implementation Document describes the specific investment categories and managers utilised to deliver the investment strategy alongside other information relevant to the management of the assets.