Shetland Islands Council Pension Fund

[simple_tooltip content=’

The Administering Authority:

  • Has overall responsibility for the governance of the fund.
  • Is responsible for ensuring that pension fund business is conducted in accordance with the law and proper standards, and that monies originating from scheme members and from the public purse are safeguarded and properly accounted for.
    ‘]Administering Authority[/simple_tooltip]:     Shetland Islands Council

We ask that you write a regular letter to your Councillors to urge them to support the divestment of companies complicit in Israel’s violations of Palestinian rights from the Shetland Islands Council Pension Fund. 

Shetland Islands Council Pension Fund is invested in pooled funds.  Make sure that these funds are not invested in any of the companies highlighted by the United Nations High Commissioner for Human Rights (UNHCHR), whose activities in the illegally Occupied Palestinians Territories have raised particular human rights concerns.

Send a letter to your Councillors
Sign up for email reminders

Councils participating in this Fund:

Shetland Islands Council

List of investments: as at June 2020 – [Download]

[simple_tooltip content=’

The Pension Committee:

  • The main decision making body that oversees the pension scheme responsibilities which then acts in a similar role to trustees of other pension schemes.
  • Elected Councillors sit on the Pensions Committee.

‘]Pension Committee[/simple_tooltip] members:

  • Councillor Steven Coutts (Chair) (Shetland Islands Council)
  • Councillor Alastair Cooper (Shetland Islands Council)
  • Councillor Stephen Leask (Shetland Islands Council)
  • Councillor Robbie McGregor (Shetland Islands Council)
  • Councillor George Smith (Shetland Islands Council)
  • Councillor Theodore Smith (Shetland Islands Council)
  • Councillor Ryan Thomson (Shetland Islands Council)

[simple_tooltip content=’

The Pension Board:

  • Responsible for assisting the administering authority in securing compliance with the LGPS regulations, overriding legislation and guidance from the Pensions Regulator.
  • The Board is made up of equal representation from employer and member representatives.

‘]Pension Board[/simple_tooltip] members:

Scheme member representatives

  • David Marsh (Vice-Chair) (Unison)
  • Austin Taylor (Unison)

Employer representatives

  • Councillor Malcolm Bell (Shetland Islands Council)
  • Councillor John Fraser (Shetland Islands Council)
  • James Johnston (Chair) (Shetland Recreational Trust)

Website: www.shetlandpensionfund.org

Annual Report