Agenda and decisions

Local Pension Committee
Friday, 8 November 2019 9.30 am

Venue: Guthlaxton Committee Room, County Hall, Glenfield. View directions

Contact: Miss C Tuohy (0116 305 5483).  Email: cat.tuohy@leics.gov.uk

Items
No. Item

1.

Minutes. pdf icon PDF 149 KB

2.

Question Time.

3.

Questions asked by members.

4.

Urgent Items.

5.

Declarations of interest.

6.

Pension Fund Valuation. pdf icon PDF 275 KB

Additional documents:

Decision:

a)    That the draft Funding Strategy Statement be approved for consultation, to commence following the Leicestershire Pension Fund Annual General meeting on the 18 November 2019;

 

b)    That the framework for setting individual employer rates be noted;

 

c)    That the whole fund results be noted.

 

7.

Summary Valuation of Pension Fund Investments and Performance of Individual Managers. pdf icon PDF 423 KB

Additional documents:

Decision:

That the report be noted.

8.

Pension Fund Annual Report. pdf icon PDF 203 KB

Additional documents:

Decision:

That the Pension Fund Annual Report and Accounts for 2018/19 be approved.

9.

Investment Strategy Statement Update. pdf icon PDF 317 KB

Additional documents:

Decision:

a)    That the revised Investment Strategy Statement be approved for consultation;

 

b)    That a further report be submitted to the Local Pension Committee regarding the outcome of the consultation and to present the final Investment Strategy Statement for approval.

 

10.

Advisor Objectives. pdf icon PDF 276 KB

Additional documents:

Decision:

That the Advisor Objectives be approved.

11.

Actions of the Investment Subcommittee. pdf icon PDF 315 KB

Additional documents:

Decision:

That the report be noted.

12.

Risk Management and Internal Controls. pdf icon PDF 206 KB

Additional documents:

Decision:

That the revised risk register of the Pension Fund be approved.

13.

Pension Fund Training Policy. pdf icon PDF 287 KB

Additional documents:

Decision:

That the Pension Fund Training Policy be approved.

14.

The Pensions Regulator "Deep Dive" Findings. pdf icon PDF 337 KB

Additional documents:

Decision:

That the report be noted.

15.

LGPS Transfer of Pension Rights pdf icon PDF 332 KB

Additional documents:

Decision:

That the changes to the acceptance of pension transfers, as detailed in paragraphs 6-8 of the report, are approved.

16.

Date of Next Meeting.

The next meeting of the Local Pension Committee will take place at 9.30am on 24 January 2020.

18.

Exclusion of the Press and Public.

The public are likely to be excluded during consideration of the remaining items in accordance with Section 100(A)(4) of the Local Government Act 1972 (Exempt Information).

 

 

19.

Emerging Markets Equity Active Multi Manage Fund Quarterly Factsheet

Decision:

That the report be noted.

20.

Leicestershire Pension Fund Emerging Markets Debt Portfolio.

Decision:

That the report be noted.

21.

Leicestershire Targeted Return Portfolio.

Decision:

That the report be noted.

22.

Global Equity Active Multi Manager Fund Quarterly Factsheet.

Decision:

That the report be noted.

23.

Aspect Capital Quarterly Report

Decision:

That the report be noted.

24.

Kames Capital Quarterly Report

Decision:

That the report be noted.

25.

Legal and General Investment Manager Quarterly Report

Decision:

That the report be noted.

26.

Millennium Global Quarterly Report

Decision:

That the report be noted.

27.

Pictet Quarterly Report

Decision:

That the report be noted.

28.

Ruffer Quarterly Report

Decision:

That the report be noted.