{"organism":"Page","children":[{"organism":"Container.Raw","children":[{"organism":"Metadata","model":{"title":"SCPF investment performance","text":"Learn how SCPF's investment strategy focuses on matching assets to liabilities, aiming to ensure full and timely payment of member benefits.","links":[{"name":"SCPF investment performance","value":"https://pensions.shell.co.uk/source/scpf/scpf-investments/scpf-investment-performance.html"}],"image":{"src":"https://pensions.shell.co.uk/source/scpf/scpf-investments/scpf-investment-performance/_jcr_content/root/metadata.shellimg.jpeg/1760538237671/scpf-investment.jpeg","alt":"Meadow with wild flowers","width":3840,"height":2160}},"id":"/content/shell/business/pensions/en_gb/source/scpf/scpf-investments/scpf-investment-performance/jcr_content/root/metadata"},{"organism":"ContentOwner","model":{},"id":"/content/shell/business/pensions/en_gb/source/scpf/scpf-investments/scpf-investment-performance/jcr_content/root/contentowner"},{"organism":"Container.Header","children":[{"organism":"Container.Raw","ref":"https://pensions.shell.co.uk/source/scpf/_jcr_content/root/header/inherited.model.json","id":"/content/shell/business/pensions/en_gb/source/scpf/scpf-investments/scpf-investment-performance/jcr_content/root/header/inherited","model":{}},{"organism":"Breadcrumb","model":{"links":[{"name":"Home","value":"https://pensions.shell.co.uk/"},{"name":"Welcome to the Source","value":"https://pensions.shell.co.uk/source.html"},{"name":"SCPF","value":"https://pensions.shell.co.uk/source/scpf.html"},{"name":"SCPF Investments","value":"https://pensions.shell.co.uk/source/scpf/scpf-investments.html"},{"name":"SCPF investment performance","value":"https://pensions.shell.co.uk/source/scpf/scpf-investments/scpf-investment-performance.html"}]},"id":"/content/shell/business/pensions/en_gb/source/scpf/scpf-investments/scpf-investment-performance/jcr_content/root/header/breadcrumb"}],"id":"/content/shell/business/pensions/en_gb/source/scpf/scpf-investments/scpf-investment-performance/jcr_content/root/header","model":{}},{"organism":"Container.Main","children":[{"organism":"Container.Section","children":[{"organism":"PageHeader","color":"inherited","model":{"title":"SCPF investment performance","text":"\u003Cp\u003EOur main investment aim is to make sure there’s enough money to pay the benefits due to members. We work to achieve this with sticking to a low-risk investment strategy.\u003C/p\u003E\r\n\r\n\r\n\r\n\r\n","image":{"src":"https://pensions.shell.co.uk/source/scpf/scpf-investments/scpf-investment-performance/_jcr_content/root/main/section/page_header.shellimg.jpeg/1760538096590/scpf-investment.jpeg","alt":"Meadow with wild flowers","width":3840,"height":960}},"id":"/content/shell/business/pensions/en_gb/source/scpf/scpf-investments/scpf-investment-performance/jcr_content/root/main/section/page_header"},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/business/pensions/en_gb/source/scpf/scpf-investments/scpf-investment-performance/jcr_content/root/main/section/text","model":{"text":"\u003Cp\u003EThe table below shows the SCPF’s performance over the year to 31 December 2024 and over the last three and five-year periods, compared with its investment benchmark:\u003C/p\u003E\n\u003Ctable cellpadding=\"1\" cellspacing=\"0\" border=\"1\" width=\"200\" height=\"100\"\u003E\n\u003Ctbody\u003E\u003Ctr\u003E\u003Cth scope=\"col\"\u003E \u003C/th\u003E\n\u003Cth scope=\"col\"\u003E1 yr\u003C/th\u003E\n\u003Cth scope=\"col\"\u003E3 yrs\u003C/th\u003E\n\u003Cth\u003E5 yrs\u003C/th\u003E\n\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EActual performance\u003C/td\u003E\n\u003Ctd\u003E-5.6%\u003C/td\u003E\n\u003Ctd\u003E-10.3%\u003C/td\u003E\n\u003Ctd\u003E-3.5%\u003C/td\u003E\n\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EBenchmark\u003C/td\u003E\n\u003Ctd\u003E-6.1%\u003C/td\u003E\n\u003Ctd\u003E-10.7%\u003C/td\u003E\n\u003Ctd\u003E-3.8%\u003C/td\u003E\n\u003C/tr\u003E\u003C/tbody\u003E\u003C/table\u003E\n\u003Cp\u003EAll percentages are adjusted to give an annual rate.\u003C/p\u003E\n"}}],"id":"/content/shell/business/pensions/en_gb/source/scpf/scpf-investments/scpf-investment-performance/jcr_content/root/main/section","model":{}},{"organism":"Container.Section","color":"brand1-subtle","children":[{"organism":"PromoSimple.Text","color":"brand1","colspan":6,"id":"/content/shell/business/pensions/en_gb/source/scpf/scpf-investments/scpf-investment-performance/jcr_content/root/main/section_1100361364/text","model":{"title":"The funding Journey Plan","text":"\u003Cp\u003EThe investment performance in the table above is not a concern, as it reflects movements in liability values, which the strategy is designed to match. The stable funding level shows this approach is working.\u003C/p\u003E\r\n\u003Cp\u003EOur plan is to reduce reliance on Company contributions by moving from higher-risk, return-seeking assets to lower-risk investments that align more closely with future pension payments.\u003C/p\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"brand1","colspan":6,"id":"/content/shell/business/pensions/en_gb/source/scpf/scpf-investments/scpf-investment-performance/jcr_content/root/main/section_1100361364/text_copy","model":{"title":"How the assets are invested","text":"\u003Cp\u003EThis table shows how the Fund’s assets were invested 
at 31 December 2024.\u003C/p\u003E\r\n\u003Ctable cellpadding=\"1\" cellspacing=\"0\" border=\"1\" width=\"200\" height=\"100\"\u003E\r\n\u003Ctbody\u003E\u003Ctr\u003E\u003Cth scope=\"col\"\u003E\u003Cspan style=\"font-weight: normal;\"\u003ELiability matching assets\u003C/span\u003E\u003C/th\u003E\r\n\u003Cth scope=\"col\"\u003E\u003Cspan style=\"font-weight: normal;\"\u003E56%\u003C/span\u003E\u003C/th\u003E\r\n\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EInvestment grade credit\u003C/td\u003E\r\n\u003Ctd\u003E11%\u003C/td\u003E\r\n\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EReturn seeking 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McLean","links":[{"value":"https://pensions.shell.co.uk/source/scpf/trustee-news/a-message-from-alan-mclean.html"}],"image":{"src":"/content/experience-fragments/shell/business/pensions/you-may-also-be-interested-in/master/_jcr_content/root/promo_copy_112974839.shellimg.jpeg/1760539709594/alan-mclean.jpeg","alt":"Alan McLean","width":3840,"height":2160}}}],"id":"/content/shell/business/pensions/en_gb/source/scpf/scpf-investments/scpf-investment-performance/jcr_content/root/main/section_896162971/experience_fragment","model":{}}],"id":"/content/shell/business/pensions/en_gb/source/scpf/scpf-investments/scpf-investment-performance/jcr_content/root/main/section_896162971","model":{"title":"You may also be interested 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benefits.","links":[{"name":"canonical","value":"https://pensions.shell.co.uk/source/scpf/scpf-investments/scpf-investment-performance.html"},{"name":"errorUrl","value":"https://pensions.shell.co.uk/error.html"},{"name":"hierarchy","value":"en_gb/source/scpf/scpf-investments/scpf-investment-performance"},{"name":"homeTitle","value":"Shell Pensions in the UK"},{"name":"homeUrl","value":"https://pensions.shell.co.uk/"},{"name":"locale","value":"en-GB"},{"name":"title","value":"SCPF investment performance | Shell Pensions in the UK"},{"name":"textDirection","value":"ltr"},{"name":"template","value":"base"},{"name":"contentPath","value":"/content/shell/business/pensions/en_gb/source/scpf/scpf-investments/scpf-investment-performance"},{"name":"externalDisclaimerText","value":"Shell plc Legal Disclaimer\r\nYou are now leaving the Shell global website.\r\nThe link you have selected will direct you to a website that is not controlled by Shell plc or any member of the Shell Group. 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