Agenda

Pensions Panel
Monday, 28th January, 2019 10.00 am

Venue: County Hall, Chichester

Contact: Rachel Wood on 033 022 23387  Email:  rachel.wood@westsussex.gov.uk

Items
Note No. Item

Part I

10.00 am

1.

Declarations of Interests

Members and officers are invited to make any declaration of personal or prejudicial interests that they may have in relation to items on the agenda and are reminded to make any declarations at any stage during the meeting if it becomes apparent that this may be required when a particular item or issue is considered.

 

It is recorded in the register of interests that:

·         Dr. Walsh is a Member of the Littlehampton Harbour Board, Arun District Council and Littlehampton Town Council

·         Mr Donnelly is a Horsham District Councillor

·         Mr Jupp has a daughter who works for Blackrock

 

These financial interests only need to be declared at the meeting if there is an agenda item to which they relate.

10.02 am

2.

Part I Minutes of the last meeting pdf icon PDF 62 KB

The Panel is asked to agree the Part I minutes of the meeting of the Panel held on 1 November 2018 attached (cream paper).

10.04 am

3.

Urgent Matters

Items not on the agenda, which the Chairman of the meeting is of the opinion, should be considered as a matter of urgency by reason of special circumstances.

10.04 am

4.

Part II Matters

Members are asked to indicate at this stage if they wish the meeting to consider bringing into Part I any items on the Part II agenda.

10.05 am

5.

Investment Strategy pdf icon PDF 91 KB

Report by the Director of Finance, Performance and Procurement.

 

The Panel will also receive a presentation from Hymans Robertson.

 

The Panel is asked to consider the options presented in the report and within the presentation provided during the meeting.

Additional documents:

10.35 am

6.

Pension Fund Policy Documents pdf icon PDF 72 KB

Report by the Director of Finance, Performance and Procurement.

 

The Panel is asked to consider the recommendation within the report.

Additional documents:

10.50 am

7.

Date of the next meeting

The next meeting of the Pensions Panel will be 10.00 a.m. 29 April 2019 at County Hall.

Part II

10.52 am

8.

Exclusion of Press and Public

The Board is asked to consider in respect of the following item(s) whether the public, including the press, should be excluded from the meeting on the grounds of exemption under Part I of Schedule 12A of the Local Government Act 1972, as indicated below, and because, in all the circumstances of the case, the public interest in maintaining the exemption of that information outweighs the public interest in disclosing the information.

10.52 am

9.

Part II Minutes of the last meeting

To confirm the Part II minutes of the meeting of the Panel held on 1 November 2018, for members of the Panel only (yellow paper).

10.55 am

10.

Investment Pooling

Report by Director Finance, Performance and Procurement attached for members of the Panel only (yellow paper).

 

The Panel is asked to consider the recommendations within the report.

11.15 am

11.

Review of Pension Performance

The following reports are for the Panel to review Pension performance over the last quarter.

11a

Transaction and Performance

Paper by the Director of Finance, Performance and Procurement summarising transactions and performance during the quarter, for members of the Panel only (yellow paper).

11b

Independent Fund Advisor Comments

Paper from the independent fund advisor giving comments on the quarter, for members of the Panel only (yellow paper).

11.25 am

12.

Business Plan (including Pension Administration)

Report by Director Finance, Performance and Procurement attached for members of the Panel only (yellow paper).

 

The Panel is asked to consider the recommendations within the report.

11.45 am

13.

Presentation by Baillie Gifford

The Panel to receive a presentation on portfolio performance.

12.30 pm

14.

Presentation by Aberdeen Standard

The Panel to receive a presentation on portfolio performance.