Governance
Decision-making powers regarding the Fund's investments can be summarized as follows:
The City of Wolverhampton Council delegates responsibility for the administration and management of the Fund to the Pensions Committee
The Pensions Committee's main responsibility is to determine a suitable investment strategy based on a medium term strategic allocation benchmark
The Pensions Committee receives advice from officers and independent advisors appointed by the Fund to assist in this work.
The Director of Pensions oversees the implementation of Committee policy and the management of the day-to-day operational functions
The Investment Advisory Panel advises the Director of Pensions on investment issues
Further details on the Fund's governance arrangements in respect of investments can be found in its 
2020 Investment Strategy Statement [1Mb] (including its investment beliefs) and also in the Governance section of the website.
