Agenda

Pension Board
Thursday 13 December 2018 6.00 pm

Venue: Boardroom 2 - Brent Civic Centre, Engineers Way, Wembley, HA9 0FJ

Contact: Joe Kwateng, Governance Officer  Email: joe.kwateng@brent.gov.uk; 020 8937 1354

Items
No. Item

1.

Apologies for absence

2.

Declarations of interests

Members are invited to declare at this stage of the meeting, any relevant personal and prejudicial interests and discloseable pecuniary interests in any matter to be considered at this meeting.

3.

Minutes of the previous meeting - 24 July 2018 pdf icon PDF 88 KB

To approve the minutes of the previous meeting as a correct record.

4.

Matters arising (if any)

5.

Pensions Administration - monitoring and contract arrangements pdf icon PDF 107 KB

This is a performance report for the Brent Pension Board as part of its remit to oversee the administration of the Brent Pension Fund.  The report includes commentary on performance indicators, administrative updates and recent developments.

Additional documents:

6.

Pensions Administration Strategy pdf icon PDF 99 KB

This report presents the revised Pensions Administration Strategy for the Brent Pension Fund Pension Administration Service.

Additional documents:

7.

Risk Management Strategy and Risk Register pdf icon PDF 88 KB

This report presents the revised Risk Management Strategy and Risk Register for the Brent Pension Fund Pensions Administration Service.

Additional documents:

8.

Local Government Association’s Pensions (LGPS) regulations pdf icon PDF 100 KB

This report updates the board on recent changes to the Local Government Pension Scheme regulations and other key developments from the Local Government Association’s Pensions Committee.

 

Additional documents:

9.

Proposed adoption of the new investment strategy pdf icon PDF 185 KB

 

The report updates the committee on the further work undertaken since the presentation of the investment review in June 2018 and the decisions now proposed to implement the strategy over the short to medium term.

 

 

 

 

 

 

 

Additional documents:

10.

Responsible Investment Policy pdf icon PDF 94 KB

 

The report presents the Responsible Investment Policy of the London CIV.  The purpose of the policy is to detail the approach that the London CIV aims to follow in integrating environmental, social and governance (‘ESG’) issues in its investments.

 

 

Additional documents:

11.

Monitoring report on fund activity Quarter to June 2018 pdf icon PDF 124 KB

 

The report provides a summary of the Fund’s activity during the quarter ended 30 June 2018. It examines the economic and market background, and investment performance, as well as commenting on events in the quarter.

 

 

 

Additional documents:

12.

Brent Pensions Fund Annual Accounts and Annual report (audited version). pdf icon PDF 83 KB

The report presents the audited Pension Fund Annual Report and Annual Accounts for the year ended 31 March 2018.

 

 

Additional documents:

13.

Date of next meeting

The next scheduled meeting of the Pension Board is on 26 February 2019.

14.

Any other urgent business

Notice of items to be raised under this heading must be given in writing to the Head of Executive and Member Services or his representative before the meeting in accordance with Standing Order 60.