Agenda

Venue: Old Finance Room, Floor 1, Guildhall, Bath.

Contact: Mark Durnford  01225 394458

Items
No. Item

1.

EMERGENCY EVACUATION PROCEDURE

The Chair will ask the Committee Administrator to draw attention to the emergency evacuation procedure as set out under Note 8.

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 March 2022 (PUBLIC), 25th March 2022 (EXEMPT) and 28th March 2022 pdf icon PDF 570 KB

Additional documents:

8.

Pension Board Minutes: 9th June 2022 pdf icon PDF 479 KB

9.

Brunel Corporate Update

The Committee will receive a presentation from Brunel on this item.

10.

Brunel Pension Partnership - Update pdf icon PDF 184 KB

This report updates the Committee about Brunel and the wider pool covering delivery of service, performance, governance and risk management aspects of the pool.

Additional documents:

11.

FUND GOVERNANCE FRAMEWORK pdf icon PDF 454 KB

This report is to remind members of the roles and responsibilities of members, advisors and officers of the Avon Pension Fund and the governance framework for the Fund as a whole.

Additional documents:

12.

DRAFT FUNDING STRATEGY STATEMENT 2022 pdf icon PDF 382 KB

The Local Government Pension Scheme (LGPS) regulations require each administering authority to prepare and publish a Funding Strategy Statement (FSS). The FSS sets out the key assumptions which the Fund’s Actuary has used in preparing the actuarial valuation and the policies adopted by the Administering Authority. 

Additional documents:

13.

INVESTMENT PERFORMANCE AND STRATEGY MONITORING (for periods ending 31 March 2022) pdf icon PDF 389 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.

Additional documents:

14.

Update on Legislation pdf icon PDF 199 KB

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

15.

PENSION FUND ADMINISTRATION pdf icon PDF 311 KB

The purpose of this report is to present the Fund’s performance for the three months to 31st March 2022 against its key performance indicators (KPI’s) in relation to the administration of pension benefits.

Additional documents:

16.

ANNUAL EMPLOYER AND COVENANT UPDATE pdf icon PDF 353 KB

This report provides the Committee with a summary of the employer base of the Fund, changes, current issues and covenant work. This is to be considered in the context of employer risk.

Additional documents:

17.

WORK PLANS pdf icon PDF 152 KB

Attached to this report is the work plan for the Committee (Appendix 1) and a separate one for the Investment Panel (Appendix 2) which set out provisional agendas for forthcoming meetings.  The dates for future Committee and Panel meetings are also included.

Additional documents: