Greenwich Council

Agenda

Venue: Committee Room 5 - Town Hall, Wellington Street, Woolwich SE18 6PW. View directions

Contact: Jasmine Kassim  Email: jasmine.kassim@royalgreenwich.gov.uk tel 020 8921 5146

Items
No. Item

Terms of Reference pdf icon PDF 224 KB

1.

Apologies for Absence

To receive apologies for absence from Members of the Panel.

2.

Urgent Business

The Chair to announce any items of urgent business circulated separately from the main agenda.

3.

Declarations of Interest pdf icon PDF 51 KB

Members to declare any personal and financial interests in items on the agenda.  Attention is drawn to the Council’s Constitution; the Council’s Code of Conduct and associated advice.

Additional documents:

4.

Minutes pdf icon PDF 54 KB

Members are requested to confirm as an accurate record the Minutes of the Pension Fund Investment and Administration Panel meeting held on 16 July 2018.

 

No motion or discussion may take place upon the Minutes except as to their accuracy, and any question on this point will be determined by a majority of the Members of the body attending who were present when the matter in question was decided.  Once confirmed, with or without amendment, the person presiding will sign the Minutes.

5.

Funding Update Report pdf icon PDF 71 KB

The Panel is requested to note a funding update report from the pension fund actuary, Barnett Waddingham as at 31 March 2018 (Appendix A).

Additional documents:

6.

Investment Strategy Statement pdf icon PDF 53 KB

The Panel is requested to agree the Investment Strategy Statement (ISS) – attached as Appendix A.

Additional documents:

7.

Statement of Compliance with UK Stewardship Code pdf icon PDF 74 KB

The Panel is requested to agree the Statement of Compliance with the UK Stewardship Code for Institutional Investors.

Additional documents:

8.

Pension Fund Quarterly Accounts as at 30 June 2018 pdf icon PDF 53 KB

The Panel is requested to note the draft Pension Fund accounts for the period ending 30 June 2018 (Appendix A)

Additional documents:

9.

Fund Manager Performance to 30 June 2018 pdf icon PDF 82 KB

The Panel is requested to note a report on the performance of the Royal Borough of Greenwich Pension Fund’s (‘the Fund’) investment managers for the period ending 30 June 2018.  To consider the information detailed in the Exempt Appendix to the report in closed session under the provisions of the Local Government Act 1972, Schedule 12A, Paragraph 3 “Information relating to the financial or business affairs of any particular person (including the authority holding that information)”   To agree that the information detailed in the Exempt Appendix to this report be not subsequently released to the press or public.

Additional documents:

10.

London Collective Investment Vehicle (LCIV) Update pdf icon PDF 50 KB

The Panel is requested to receive a presentation given by representatives from the London Collective Investment Vehicle (LCIV).  To note that the presentation will be held in closed session under the provisions of the Local Government Act 1972, Schedule 12A, Paragraph 3 “Information relating to the financial or business affairs of any particular person (including the authority holding that information)”.  To agree that the information considered in closed session be not subsequently released to the press or public.

11.

Training- Actuarial Methods, Standards and Practices pdf icon PDF 37 KB

The Panel is requested to receive training from Hymans Robertson on actuarial Methods, Standards and Practices.