Latest news & announcements

We've launched a digital magazine - ESG

ESG Zine Issue One Front Cover

We’re pleased to launch the very first issue of our new digital ‘zine’, ESG – a publication that will keep you updated on our Environmental, Social and Governance (ESG) activity within the Avon Pension Fund. This issue focuses on the climate emergency, and our strategy and activity in helping to tackle it. We also detail information on COP26 and what it means to us as a pension fund.

Preparing for retirement

Preparing for retirement

Due to the ongoing Coronavirus crisis the Affinity Connect pre-retirement workshops have been temporarily replaced by a dedicated 2-hour Pre-Retirement Online Course.

If you have booked to attend the upcoming July workshop, Affinity will contact you to invite you to join this Online Course.

Unaudited Annual Report for 2020/21 now available

Front cover of the 2020/21 Avon Pension Fund annual report

The latest annual report for 2020/21 is now available.

The Local Government Pension Scheme Regulations 2013 require an administering authority to publish a pension fund annual report on or before 1st December following the Scheme year end. This annual report should contain an external auditor’s opinion on the pension fund’s statement of accounts, which is a ‘consistent with’ opinion referring to that given on the administering authority’s statement of accounts. Unfortunately due to a delay in the opinion being issued on the administering authority’s statement of accounts, the Fund is unable to comply with the requirements set out above. 

The annual report will be republished once the external auditor has issued an opinion on Bath & North East Somerset Council’s statement of accounts.

Avon Pension Fund Climate Emergency animation

 

In the lead up to COP26, Avon Pension Fund have put together this short animation outlining the Fund’s approach to investment in respect of the climate emergency. It highlights the work we are doing to become a carbon neutral pension fund by 2050 or earlier.

We look forward to sharing more progress with you in the near, medium, and long-term future of this ambitious goal.

Update for members

What are we doing?

Over the past 18 months, we’ve had very limited and sometimes no access to our main offices at the Keynsham Civic Centre or other sites – meaning all staff have been working remotely from home.

We’re now embracing a more blended way of working that will see staff working both at home and in the office.

For now, everyone remains working from home while our offices undergo essential maintenance and changes to allow for this new way of working, but we expect a gradual return in the first half of 2022.

How you can help

At this time, we continue to experience a much higher volume of enquiries than usual and are prioritising essential requests. 

Please help us by wherever possible getting in touch by email. If you have an enquiry, please email: avonpensionfund@bathnes.gov.uk  

You can also use the ‘Contact us’ facility on our website, to send your enquiry with your contact details by visiting the following webpage:

www.avonpensionfund.org.uk/contact-us  

Every effort will be made to deal with your enquiry as soon as possible.

You can also access your pension account using our secure self-service website my pension online. Where you can view your pension details, access your annual benefit statement, perform estimates and update your expression of wish nominations and contact details.

If you haven’t registered for my pension online already, it’s a simple process. Just visit the registration webpage https://myaccount.avonpensionfund.org.uk/ with your National Insurance number, click on ‘Register’ and follow the instructions.

As we currently have very limited access to both our building and incoming post, we have introduced a secure service by which you can receive and return your documents digitally.

Full details on how to use the SecureShare portal software is available here:

PDF iconSecureShare Guide for Scheme Members

If you are not able to communicate digitally you can send documents to the Avon Pension Fund at the usual address, however, incoming post is currently retrieved on a limited basis, and as such there may be a significant delay in our ability to retrieve your documents for action.

You can still contact us by telephone if your enquiry is urgent, please call 01225 395100. Our telephone service is operating weekdays, between 9am and 4pm.

We’ll keep updating our website regularly as the situation changes.

We appreciate your understanding and support.

Avon Pension Fund sets ambitious climate change targets and takes steps to mitigate the financial risk of climate change in review of equity portfolio

An image of a solar farm in California that Avon Pension Fund has invested in.

Avon Pension Fund is pleased to announce it is transitioning its entire legacy low carbon equity strategy (~£780m) into the recently launched Paris Aligned Benchmark (PAB) developed by FTSE Russell and Brunel Pension Partnership.  

Notice of delay to audited pension fund accounts

Under section 10 of the Accounts and Audit Regulations 2015, the Council is required to publish its annual Statement of Accounts by 31 July each year.  The Accounts and Audit (Amendment) Regulations 2021 extended this date to 30 September for financial years beginning 2020 and 2021. 

If the audit has not concluded by publication date, the Council is required to publish the reasons for this under Section 10.2a of the Regulations.

Due to resourcing difficulties on the part of the external auditors, Grant Thornton, the audit of the accounts for the year ended 31 March 2021 has not concluded in time to meet the 30 September publication date.

The draft Statement of Accounts for the year ended 31 March 2021 is available below:

PDF iconAvon Pension Fund - Draft Statement of Accounts 2020-21

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