Agenda

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Contact: Mark Durnford  01225 394458

Items
No. Item

1.

WELCOME & INTRODUCTIONS

2.

APOLOGIES FOR ABSENCE AND SUBSTITUTIONS

3.

DECLARATIONS OF INTEREST

At this point in the meeting declarations of interest are received from Members in any of the agenda items under consideration at the meeting. Members are asked to complete the green interest forms circulated to groups in their pre-meetings (which will be announced at the Council Meeting) to indicate:

(a) The agenda item number in which they have an interest to declare.

(b) The nature of their interest.

(c) Whether their interest is a disclosable pecuniary interest or an other interest,  (as defined in Part 2, A and B of the Code of Conduct and Rules for Registration of Interests)

Any Member who needs to clarify any matters relating to the declaration of interests is recommended to seek advice from the Council’s Monitoring Officer or a member of his staff before the meeting to expedite dealing with the item during the meeting.

4.

TO ANNOUNCE ANY URGENT BUSINESS AGREED BY THE CHAIR

5.

ITEMS FROM THE PUBLIC - TO RECEIVE DEPUTATIONS, STATEMENTS, PETITIONS OR QUESTIONS

6.

ITEMS FROM COUNCILLORS AND CO-OPTED AND ADDED MEMBERS

To deal with any petitions or questions from Councillors and where appropriate co-opted and added members.

 

7.

MINUTES: 25TH SEPTEMBER 2020 (PUBLIC) / 25TH SEPTEMBER 2020 (EXEMPT) pdf icon PDF 208 KB

Additional documents:

8.

PENSION BOARD MINUTES: 13TH NOVEMBER 2020 pdf icon PDF 151 KB

The purpose of this item is to notify the Pensions Committee of the latest draft Local Pension Board minutes.

9.

Funding Strategy Statement - Policy Updates pdf icon PDF 85 KB

A number of changes to the regulations were made in September 2020 following the Governments partial response to a consultation which commenced in 2018.  The Fund responded to this consultation at the time.  For the Fund to implement these changes it must have a policy set out in its Funding Strategy Statement (FSS).

Additional documents:

10.

Brunel Pension Partnership - Update on pooling pdf icon PDF 127 KB

This report outlines the progress on pooling of assets covering governance, investments and operational/financial aspects of the pool.

Additional documents:

11.

INVESTMENT PANEL ACTIVITY pdf icon PDF 152 KB

The Panel’s last formal meeting was held on 20 November 2020. The draft minutes of this meeting provide a record of the Panel’s debate before reaching any decisions or recommendations.

 

Additional documents:

12.

INVESTMENT PERFORMANCE AND STRATEGY MONITORING (for periods ending 30 September 2020) pdf icon PDF 193 KB

This paper reports on the investment performance of the Fund and seeks to update the Committee on routine strategic aspects of the Fund’s investments and funding level; and policy and operational aspects of the Fund.

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13.

Update on Legislation pdf icon PDF 83 KB

The purpose of this report is to update the Pensions Committee on the latest position concerning the Local Government Pension Scheme [LGPS] and any proposed regulatory matters that could affect scheme administration.

Additional documents:

14.

PENSION FUND ADMINISTRATION pdf icon PDF 119 KB

The purpose of this report is to inform the Pensions Committee of the performance for Fund Administration for the period up to 30th September 2020 and actions undertaken following the Coronavirus outbreak and UK lockdown on 23rd March 2020.

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15.

Budget & Cashflow Monitoring pdf icon PDF 81 KB

The purpose of this report is to inform the Committee of administration and management expenditure incurred against budget for the 7 months to 31 October 2020.

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16.

Work Plans pdf icon PDF 113 KB

Attached to this report is the new quarterly monitoring report for the Service Plan. This covers a high level overview of all projects for the Investments and Pensions Administration teams including progress to date.

 

Additional documents: