Agenda

Pensions Board - Thursday, 19th November, 2020 6.30 pm

Venue: Online/Virtual

Contact: Amrita Gill  Email: amrita.gill@lbhf.gov.uk

Link: Watch the meeting on YouTube

Items
No. Item

1.

Apologies for Absence

2.

Declarations of Interest

If a Councillor has a disclosable pecuniary interest in a particular item, whether or not it is entered in the Authority’s register of interests, or any other significant interest which they consider should be declared in the public interest, they should declare the existence and, unless it is a sensitive interest as defined in the Member Code of Conduct, the nature of the interest at the commencement of the consideration of that item or as soon as it becomes apparent.

 

At meetings where members of the public are allowed to be in attendance and speak, any Councillor with a disclosable pecuniary interest or other significant interest may also make representations, give evidence or answer questions about the matter.  The Councillor must then withdraw immediately from the meeting before the matter is discussed and any vote taken.

 

Where Members of the public are not allowed to be in attendance and speak, then the Councillor with a disclosable pecuniary interest should withdraw from the meeting whilst the matter is under consideration. Councillors who have declared other significant interests should also withdraw from the meeting if they consider their continued participation in the matter would not be reasonable in the circumstances and may give rise to a perception of a conflict of interest.

 

Councillors are not obliged to withdraw from the meeting where a dispensation to that effect has been obtained from the Standards Committee.

3.

Minutes of the Previous Meeting pdf icon PDF 246 KB

To agree the minutes of the meeting held on 13th January 2020.

4.

Draft minutes of the previous Pension Fund Sub-Committee pdf icon PDF 282 KB

Draft minutes of the Pension Fund Sub-Committee meeting held on 29 September 2020 – for information.

 

 

 

5.

Pension Fund Quarterly Update Pack pdf icon PDF 247 KB

This paper provides the Pensions Board with a summary of the Pension Fund’s overall performance for the quarter ended 30 September 2020

 

Additional documents:

6.

Draft Annual Report 2019-20 pdf icon PDF 134 KB

This report presents the draft Pension Fund Annual Report and Statement of Accounts for the year ended 31 March 2020.

 

Additional documents:

7.

Responsible Investment Statement pdf icon PDF 134 KB

The Pensions Board is requested to note the report.

Additional documents:

8.

Supreme Court Decision on LGPS Investment Guidance pdf icon PDF 160 KB

The purpose of this report is to provide a briefing of the recent Supreme Court ruling on the Local Government Pension Scheme Investment Guidance and provide details of potential implications for LGPS Funds.

 

9.

LGPS McCloud Consultation pdf icon PDF 286 KB

The Pensions Board is requested to note the report and the anticipation that further staff resources will be required in due course, with progress updates

Additional documents:

10.

Exclusion of the Public and press

The Committee is invited to resolve, under Section 100A (4) of the Local Government Act 1972, that the public and press be excluded from the meeting during the consideration of the following items of business, on the grounds that they contain the likely disclosure of exempt information, as defined in paragraph 3 of Schedule 12A of the said Act, and that the public interest in maintaining the exemption currently outweighs the public interest in disclosing the information.

11.

Exempt minutes of the previous Pension Fund Sub-Committee

Exempt minutes of the Pension Fund Sub-Committee meeting held on 29 September 2020 – for information.

 

 

 

12.

Pensions Administration Update