{"organism":"Page","children":[{"organism":"Container.Raw","children":[{"organism":"Metadata","model":{"title":"SOCPF investments","text":"Learn about the investment objective for SOCPF, seeking growth, managing risk, and aligning assets with the Fund’s liabilities to secure member benefits.","links":[{"name":"SOCPF investments","value":"https://pensions.shell.co.uk/source/socpf/investments/socpf-investments.html"}],"image":{"src":"https://pensions.shell.co.uk/source/socpf/investments/socpf-investments/_jcr_content/root/metadata.shellimg.jpeg/1793374229642/socpf-investments.jpeg","alt":"Meadow with wild flowers","height":4332,"width":7680}},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/metadata"},{"organism":"ContentOwner","model":{},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/contentowner"},{"organism":"Container.Header","children":[{"organism":"Container.Raw","ref":"https://pensions.shell.co.uk/source/socpf/_jcr_content/root/header/inherited.model.json","model":{},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/header/inherited"},{"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":"SOCPF","value":"https://pensions.shell.co.uk/source/socpf.html"},{"name":"Investment news","value":"https://pensions.shell.co.uk/source/socpf/investments.html"},{"name":"SOCPF investments","value":"https://pensions.shell.co.uk/source/socpf/investments/socpf-investments.html"}]},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/header/breadcrumb"}],"model":{},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/header"},{"organism":"Container.Main","children":[{"organism":"Container.Section","children":[{"organism":"PageHeader","color":"inherited","model":{"title":"SOCPF Investments","text":"\u003Cp\u003EOur main investment aim is to make sure there’s enough money to pay the benefits due to members. 
\r\nBecause the Fund is currently in a strong funding position, we work to maintain this with a low-risk investment strategy.\u003C/p\u003E\r\n","image":{"src":"https://pensions.shell.co.uk/source/socpf/investments/socpf-investments/_jcr_content/root/main/section_copy/page_header.shellimg.jpeg/1793374248989/socpf-investments.jpeg","height":1920,"width":7680}},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/main/section_copy/page_header"},{"organism":"PromoSimple.Text","color":"inherited","model":{"title":"Investment performance","text":"\u003Cp\u003EThe table shows the SOCPF’s performance over the year to 31 December 2025 and over the last three-year and five-year periods, compared with its investment benchmark:\u003C/p\u003E\r\n\u003Ctable cellpadding=\"1\" cellspacing=\"0\" border=\"1\"\u003E\r\n\u003Ctbody\u003E\u003Ctr\u003E\u003Ctd\u003E \u003C/td\u003E\r\n\u003Cth\u003E1 yr\u003C/th\u003E\r\n\u003Cth\u003E3 yrs\u003C/th\u003E\r\n\u003Cth\u003E5 yrs\u003C/th\u003E\r\n\u003C/tr\u003E\u003Ctr\u003E\u003Cth\u003EActual performance\u003C/th\u003E\r\n\u003Ctd\u003E2.6%\u003C/td\u003E\r\n\u003Ctd\u003E(0.8)%\u003C/td\u003E\r\n\u003Ctd\u003E(3.3)%\u003C/td\u003E\r\n\u003C/tr\u003E\u003Ctr\u003E\u003Cth\u003EBenchmark\u003C/th\u003E\r\n\u003Ctd\u003E2.5%\u003C/td\u003E\r\n\u003Ctd\u003E(1.0)%\u003C/td\u003E\r\n\u003Ctd\u003E(3.4)%\u003C/td\u003E\r\n\u003C/tr\u003E\u003C/tbody\u003E\u003C/table\u003E\r\n"},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/main/section_copy/text"}],"model":{},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/main/section_copy"},{"organism":"Container.Section","children":[{"organism":"Container","children":[{"organism":"PromoSimple.Text","color":"inherited","colspan":6,"model":{"title":"The Journey Plan - 
 managing long-term security","text":"\u003Cp\u003EThe Journey Plan framework was established jointly by the Trustee and Company in 2024. The objectives of the plan can be summarised as reaching a position of self-sufficiency (i.e. no expected material reliance on sponsor covenant).\u003C/p\u003E\r\n\u003Cp\u003EAs at 30 June 2026, the Fund is progressing well against its Journey Plan.\u003C/p\u003E\r\n"},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/main/section_1694277432_c/simple/text"},{"organism":"PromoSimple.Text","color":"brand1-solid","colspan":6,"model":{"text":"\u003Cp\u003ETo help explain some of the technical terms used in this section of the newsletter, we've included a \u003Cb\u003E\u003Ca href=\"https://pensions.shell.co.uk/source/scpf-old/jargon.html\"\u003Ejargon buster\u003C/a\u003E\u003C/b\u003E.\u003C/p\u003E\r\n"},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/main/section_1694277432_c/simple/text_1464437911_copy"}],"colspan":6,"model":{},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/main/section_1694277432_c/simple"},{"organism":"PromoSimple.Text","color":"inherited","colspan":6,"model":{"title":"How the assets are invested","text":"\u003Cp\u003EThis chart shows how the Fund’s assets were invested at 31 December 2025.\u003C/p\u003E\r\n\u003Ctable cellpadding=\"1\" cellspacing=\"0\" border=\"1\"\u003E\r\n\u003Ctbody\u003E\u003Ctr\u003E\u003Cth\u003ELiability matching assets \u003C/th\u003E\r\n\u003Ctd\u003E59.7%\u003C/td\u003E\r\n\u003C/tr\u003E\u003Ctr\u003E\u003Cth\u003EReturn seeking assets\u003C/th\u003E\r\n\u003Ctd\u003E40.3%\u003C/td\u003E\r\n\u003C/tr\u003E\u003C/tbody\u003E\u003C/table\u003E\r\n"},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/main/section_1694277432_c/text"}],"model":{},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/main/section_1694277432_c"},{"organism":"Container.Section","color":"brand1-subtle","children":[{"organism":"PromoCard","color":"brand1","model":{"title":"SOCPF funding position","links":[{"value":"https://pensions.shell.co.uk/source/socpf/funding/socpf-funding.html"}],"image":{"src":"https://pensions.shell.co.uk/source/socpf/investments/socpf-investments/_jcr_content/root/main/section_896162971_co/promo_copy_664976569.shellimg.jpeg/1793373809393/socpf-funding-position.jpeg","height":4320,"width":7680}},"colspan":4,"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/main/section_896162971_co/promo_copy_664976569"},{"organism":"PromoCard","color":"brand1","model":{"title":" Artificial Intelligence (AI) in pension  scams","links":[{"value":"https://pensions.shell.co.uk/source/socpf/trustee-news/ai-in-pension-scams.html"}],"image":{"src":"https://pensions.shell.co.uk/source/socpf/investments/socpf-investments/_jcr_content/root/main/section_896162971_co/promo_copy_copy.shellimg.jpeg/1793373871476/socpf-artificial-intelligence-in-pension-scams.jpeg","height":4320,"width":7680}},"colspan":4,"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/main/section_896162971_co/promo_copy_copy"},{"organism":"PromoCard","color":"brand1","model":{"title":"A Message from Frances Hinden","links":[{"value":"https://pensions.shell.co.uk/source/socpf/trustee-news/a-message-from-frances-hinden.html"}],"image":{"src":"https://pensions.shell.co.uk/source/socpf/investments/socpf-investments/_jcr_content/root/main/section_896162971_co/promo_copy_112974839_147913665.shellimg.jpeg/1793373672099/socpf-message-from-francis-hinden.jpeg","alt":"Ian Robertson","height":4326,"width":7680}},"colspan":4,"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/main/section_896162971_co/promo_copy_112974839_147913665"}],"model":{"title":"You may also be interested in"},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/main/section_896162971_co"}],"model":{},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/main"},{"organism":"Container.Footer","children":[{"organism":"Breadcrumb.Large","model":{"links":[{"name":"Home","value":"https://pensions.shell.co.uk/"},{"name":"Welcome to the Source","value":"https://pensions.shell.co.uk/source.html"},{"name":"SOCPF","value":"https://pensions.shell.co.uk/source/socpf.html"},{"name":"Investment news","value":"https://pensions.shell.co.uk/source/socpf/investments.html"},{"name":"SOCPF investments","value":"https://pensions.shell.co.uk/source/socpf/investments/socpf-investments.html"}]},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/footer/breadcrumb"},{"organism":"Container.Raw","ref":"https://pensions.shell.co.uk/_jcr_content/root/footer/inherited.model.json","model":{},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/footer/inherited"}],"model":{},"id":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments/jcr_content/root/footer"}],"model":{},"id":"/conf/shell/settings/wcm/templates/base/structure/jcr_content/root"}],"model":{"title":"SOCPF investments","text":"Learn about the investment objective for SOCPF, seeking growth, managing risk, and aligning assets with the Fund’s liabilities to secure member benefits.","links":[{"name":"canonical","value":"https://pensions.shell.co.uk/source/socpf/investments/socpf-investments.html"},{"name":"errorUrl","value":"https://pensions.shell.co.uk/error.html"},{"name":"hierarchy","value":"en_gb/source/socpf/investments/socpf-investments"},{"name":"homeTitle","value":"Shell Pensions in the UK"},{"name":"homeUrl","value":"https://pensions.shell.co.uk/"},{"name":"locale","value":"en-GB"},{"name":"title","value":"SOCPF investments | Shell Pensions in the UK"},{"name":"textDirection","value":"ltr"},{"name":"template","value":"base"},{"name":"contentPath","value":"/content/shell/business/pensions/en_gb/source/socpf/investments/socpf-investments"},{"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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