# Pensions Act 2004, Section 114: Investment principles

Extent: E+W+S+N.I.

(1) The Board must secure—
(a) that a statement of investment principles is prepared and maintained, and
(b) that the statement is reviewed at such intervals, and on such occasions, as may be prescribed and, if necessary, revised.
(2) In this section “statement of investment principles” means a written statement of the investment principles governing determinations about investments made by or on behalf of the Board.
(3) Before preparing or revising a statement of investment principles, the Board must comply with any prescribed requirements.
(4) A statement of investment principles must be in the prescribed form and cover, amongst other things, the prescribed matters.

---
Source: https://www.legislation.gov.uk/ukpga/2004/35/section/114 (the official version)
Page: https://openlegislation.uk/pensions-act-2004/section-114
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.