Latest news & announcements

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

Avon Pension Fund signs new charter to target diversity problem in asset management

At Avon Pension Fund, diversity is an integral part of our Responsible Investment strategy and as such a key priority. To help address the issue and build an investment industry that embodies a more balanced representation of diverse societies, we have recently signed-up to the Asset Owner Diversity Charter.

Your Annual Pension Benefit Statement 2021 is on its way

If you are paying into the local government pension scheme (LGPS) you will receive an Annual Pension Benefit Statement from the Avon Pension Fund by the end of August.

It shows the pension you have built up to 31 March 2021 as well as a future projection of your benefits if you remain paying into the scheme to your Normal Pension Age (NPA). This is the age you would retire and take your benefits without any reduction to your pension.

The statements will be posted out to you by the end of August.

Avon Pension Fund gains recognition at world’s first Net Zero Pension Summit

A group of wind turbines on a hill.

Avon Pension Fund has been recognised for its role in providing key investment data to Brunel Pension Partnership (BPP), aiding in the formulation of the Institutional Investors Group on Climate Change (IIGCC) net zero investor framework.

On 1st June, Make My Money Matter hosted the world's first Net Zero Pension Summit – co-hosted by none other than Richard Curtis (British screen writer, producer and film director) and Mark Carney (former Governor of the Bank of England and current UN Envoy for Climate Action).

Avon Pension Fund adds its name to the 2021 Global Investor Statement to Governments on the Climate Crisis

Quote: We have signed the 2021 Global Investor Statement to Governments on the Climate Crisis calling for all governments to commit to ambitious climate policy action by COP26.

With the G7 Summit taking place this weekend in Cornwall, we’re proud to announce that we are a signatory of the 2021 Global Investor Statement to Governments on the Climate Crisis.

In signing this document, we stand alongside 456 other investors worldwide with a combined asset-worth of over $41 trillion. It calls on all governments in 2021 to increase their climate policy action and ambition urgently by COP26 (UN Climate Change Conference) in November.

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