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The Scheme’s DC arrangements are not used for the purposes of automatic enrolment and prior to the closure to future contributions, members were required to select the fund or funds used for their DC investments. As such there is no default arrangement.

As there is no default arrangement, the Trustee does not maintain a Statement of Investment Principles for the DC arrangements.

The Statement of Investment Principles for the Scheme is available via the link on this website, on the member website or a hard copy can be provided upon request from Mercer.

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Value for member assessment

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Member borne charges and transaction costs

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Default fund arrangements

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