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Our investment strategy is designed to make sure we’ll have enough money to pay all our members for the rest of their lives. 

In 2020 we acquired a share in the UK’s largest single train fleet, Cross London Trains (XLT). 

XLT is part of Thameslink, which covers the North-South London commuter rail corridor, making it an important feature of UK infrastructure. 

Thameslink rail franchise comprises the newest and most modern fleet of electric trains, Desiro City Class 700, manufactured by Siemens. 

This new generation of electric trains is designed to increase passenger capacity, efficiency and reliability. They also help London in its bid to reduce carbon dioxide emissions and encourage rail travel over other means of transport. 

The long-term, low-risk nature of this investment, combined with its environmental credentials, make it a fantastic addition to our portfolio.

Find out more about our investment principles and strategy.