Unlocking the Church of England’s Future: New Investment Measure 2025

The Church of England is paving the way for a more flexible and efficient management of its investment funds with the introduction of the Church Funds Investment Measure 2025. This newly passed legislation, effective immediately, is set to transform how certain church assets are managed, ensuring they are positioned for growth and sustainability.

What's New?

The key feature of this Measure is the ability for trustees of specific Church of England funds to transfer assets to a "charity authorised investment fund." This move is designed to streamline asset management and potentially enhance returns by leveraging authorised investment schemes.

Which Funds Are Affected?

The Measure applies to several specific funds under the Church Funds Investment Measure 1958, including:

• CBF Church of England Investment Fund
• CBF Church of England Short Duration Bond Fund
• CBF Church of England Deposit Fund
• CBF Church of England Property Fund
• CBF Church of England UK Equity Fund
• CBF Church of England Global Equity Fund

Why Is This Important?

By transferring assets to authorised investment funds, the Church aims to optimise fund management, dissolve redundant funds, and cover any necessary fees and expenses. This strategy is expected to enhance the flexibility and efficiency of managing church resources.

Scope and Application

The Measure extends across the provinces of Canterbury and York, with certain exceptions like the Channel Islands and the Isle of Man. However, there is provision for these regions to adopt the Measure with specific modifications, ensuring local requirements are met.

This legislative change marks a significant step in modernising the Church of England’s financial practices, ensuring that its resources are managed with the utmost efficiency and effectiveness for the future.

For those interested in the detailed legislative language, the Measure is available through The Stationery Office's website and other distribution channels.