English: Dirprwy Lywydd, can I first of all thank Peter Fox for this question? Obviously, the question of where funds are invested is of very great interest to Members at this time, who, rightly, would not wish to see funds invested in any Russian entities. Now, clearly, the Commission has no means to influence the allocation of the Members' pension scheme assets. That power rests entirely with the pension board, which is independent of the Commission, and the decision on where to invest is based on advice that's received from the board's investment advisers and is agreed by the pension board as a whole. So, whilst the Commission are aware of the issues, it is not for the Commission itself to make a financial assessment - it's for the pension board. I understand that the pension board have issued a statement very recently to Members regarding this matter. It can be viewed on the Members' intranet page. Questions about the Members' scheme's investments should be addressed to the pension board. I know that Mike Hedges, as a Member-nominated trustee, is very happy to answer any questions that Members may have. Now, the second fund, being the support staff pension scheme, is run by Aviva, and decisions on the investments of support staff pensions rests with their specialist investment advisers and the support staff themselves. So, the Commission, again, is not involved in deciding how the assets are invested for that scheme either. The Commission's pensions team have been engaging with Aviva though, who have confirmed that they have very little holdings in Russia, and the situation is under constant review. The team have worked with Aviva to provide a communication for support staff addressing concerns that they may well have and, again, this can be viewed on the intranet pages. Now, with regard to the third fund, that being the Commission staff - . The civil service pension scheme, which is the third fund, that's an unfunded scheme and, therefore, it has no assets to invest. Benefits are paid through that scheme from tax revenues rather than from assets.
Welsh: Ddirprwy Lywydd, a gaf fi ddiolch yn gyntaf i Peter Fox am y cwestiwn hwn? Yn amlwg, mae'r cwestiwn ynglŷn â lle y caiff cronfeydd eu buddsoddi o gryn ddiddordeb i'r Aelodau ar hyn o bryd, gan na fyddent, yn gwbl briodol, yn dymuno gweld arian yn cael ei fuddsoddi mewn unrhyw endidau Rwsiaidd. Nawr, yn amlwg, nid oes gan y Comisiwn unrhyw ffordd o ddylanwadu ar ddyraniad asedau cynllun pensiwn yr Aelodau. Y bwrdd pensiwn, sy'n annibynnol ar y Comisiwn, sydd â'r pŵer hwnnw, ac mae'r penderfyniad ynglŷn â lle i fuddsoddi yn seiliedig ar gyngor a gafwyd gan gynghorwyr buddsoddi'r bwrdd a chytunir arno gan y bwrdd pensiwn yn ei gyfanrwydd. Felly, er bod y Comisiwn yn ymwybodol o'r materion sy'n codi, nid lle'r Comisiwn ei hun yw gwneud asesiad ariannol - mater i'r bwrdd pensiwn ydyw. Deallaf fod y bwrdd pensiwn wedi cyhoeddi datganiad yn ddiweddar iawn i'r Aelodau ynglŷn â'r mater hwn. Gellir ei weld ar dudalen fewnrwyd yr Aelodau. Dylid cyfeirio cwestiynau am fuddsoddiadau cynllun yr Aelodau at y bwrdd pensiwn. Gwn fod Mike Hedges, fel ymddiriedolwr a enwebwyd gan yr Aelodau, yn fwy na pharod i ateb unrhyw gwestiynau a allai fod gan yr Aelodau. Nawr, mae'r ail gronfa, sef cynllun pensiwn y staff cymorth, yn cael ei rhedeg gan Aviva, a'u hymgynghorwyr buddsoddi arbenigol a'r staff cymorth eu hunain sy'n gyfrifol am benderfyniadau ynghylch buddsoddiadau pensiynau staff cymorth. Felly unwaith eto, nid yw'r Comisiwn yn ymwneud â'r broses o benderfynu sut y caiff yr asedau eu buddsoddi ar gyfer y cynllun hwnnw ychwaith. Serch hynny, mae tîm pensiynau'r Comisiwn wedi bod yn ymgysylltu ag Aviva, sydd wedi cadarnhau mai ychydig iawn o ddaliannau sydd ganddynt yn Rwsia, ac mae'r sefyllfa'n cael ei hadolygu'n gyson. Mae'r tîm wedi gweithio gydag Aviva i gyfathrebu â staff cymorth er mwyn rhoi sylw i unrhyw bryderon a allai fod ganddynt, ac unwaith eto, gellir gweld hyn ar dudalennau'r fewnrwyd. Nawr, mewn perthynas â'r drydedd gronfa, sef staff y Comisiwn - . Cynllun pensiwn y gwasanaeth sifil, sef y drydedd gronfa, mae hwnnw'n gynllun nad yw'n cael ei ariannu, ac felly, nid oes ganddo asedau i'w buddsoddi. Telir buddion drwy'r cynllun hwnnw o refeniw treth yn hytrach nag o asedau.