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Broadcasted on: Wednesday, 20th of September 2023 at 17:30 UTC

Pension Committee

Broadcasted on: Wednesday, 20th of September 2023 at 17:30 UTC

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  • 01

    Apologies

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  • 02

    Declarations by Members of Statutory Disclosable Pecuniary Interests, Compulsory Registerable Non-Pecuniary Interests and Voluntary Registerable Non-Pecuniary Interests in Matters on this Agenda

  • 03

    Deputations (If Any)

    Requests to speak at the Committee on a matter within its terms of reference must be made in writing to the clerk named on the front of this agenda by 5pm two working days before the meeting.

     

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  • 04

    Announcements (If Any)

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  • 05

    Notification of Any Items of Business the Chair Decides to Take as Urgent

  • 06

    Minutes

    To approve as a correct record the Minutes of the meeting of the Pension Committee held on 24th July 2023.

     

     

     

     

    Minutes of Previous Meeting

  • 07

    Proposed Changes to the Terms of Reference of the Pension Committee

    Report of the Borough Solicitor.

     

    This report sets out proposed minor changes to the wording of the Terms of Reference of the Pension Committee to reflect the Committee’s commitment to environmental, social and governance (ESG) issues.

     

     

     

    7. Terms of Reference final

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  • 08

    Performance Report

    Report of the Executive Director Corporate Services.

     

    This report presents the performance of the Pension Fund investment portfolio and that of the individual investment managers for the quarter ended 30 June 2023.

    8. Performance Report v3.4

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  • 09

    Engagement Report

    Report of the Executive Director Corporate Services.

     

    This report brings Members up to date with engagement activity undertaken by the Fund and on its behalf by LAPFF (the Local Authority Pension Fund Forum) since the last Committee meeting. This work is important to the Fund’s ambition to be a fully engaged investor and demonstrates its commitment to Responsible Investment and engagement in Environmental, Social and Governance (ESG) issues as the Fund works to maximise returns on investment.

     

    9. Engagement Report Draft v5.1

    9. Engagement App A LAPFF Q2 QER 2023 final

    9. Engagement App B Company votes

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  • 10

    London Collective Investment Vehicle Progress Report

    Report of the Executive Director Corporate Services.

     

    This report provides a quarterly update on developments at the London Collective Investment Vehicle (CIV) in creating sub-funds for the spectrum of asset classes, on-boarding of assets and development of the CIV’s staff resource. Progress with the London CIV contributes to the Government’s pooling agenda and drive to reduce costs in the Local Government Pension Scheme (LGPS).

     

    10. LCIV Progress Report v2.1

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  • 11

    Business Plan

    Report of the Executive Director Corporate Services.

    This report sets out items scheduled for future agendas of this Committee together with a record of training/ meetings attended and a list of future training opportunities.

     

    11. Business Plan v1.2

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  • 12

    Any Other Business that the Chair Considers Urgent

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    Ros Alexander

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