Agenda

Pension Board
Tuesday, 26th March, 2019 2.00 pm

Venue: F10, Town Hall, Katharine Street, Croydon CR0 1NX. View directions

Contact: Annette Wiles 0208 8726 6000 x64877  Email: annette.wiles@croydon.gov.uk

Items
No. Item

1.

Apologies for Absence

To receive any apologies for absence from any members of the Board.

 

2.

Minutes of the Previous Meeting pdf icon PDF 81 KB

To approve the minutes of the meeting held on 10 January 2019 as an accurate record.

 

3.

Disclosure of Interests

In accordance with the Council’s Code of Conduct and the statutory provisions of the Localism Act, Members and co-opted Members of the Council are reminded that it is a requirement to register disclosable pecuniary interests (DPIs) and gifts and hospitality to the value of which exceeds £50 or multiple gifts and/or instances of hospitality with a cumulative value of £50 or more when received from a single donor within a rolling twelve month period. In addition, Members and co-opted Members are reminded that unless their disclosable pecuniary interest is registered on the register of interests or is the subject of a pending notification to the Monitoring Officer, they are required to disclose those disclosable pecuniary interests at the meeting. This should be done by completing the Disclosure of Interest form and handing it to the Democratic Services representative at the start of the meeting. The Chair will then invite Members to make their disclosure orally at the commencement of Agenda item 3. Completed disclosure forms will be provided to the Monitoring Officer for inclusion on the Register of Members’ Interests.

 

4.

Urgent Business (if any)

To receive notice of any business not on the agenda which in the opinion of the Chair, by reason of special circumstances, be considered as a matter of urgency.

 

5.

Administration Update

An oral report will be provided by a member of the Administration Team.

6.

Cost Cap and the McCloud Case pdf icon PDF 72 KB

Members to be provided with an update on the McCloud case and the implications for the Local Government Pension Scheme.

7.

Scheme Advisory Board Horizon Scanning pdf icon PDF 69 KB

Members to consider the update report on horizon scanning.

Additional documents:

8.

Consultation: draft statutory guidance on pooling assets pdf icon PDF 85 KB

For Members to receive an update on the consultation response made on the draft statutory asset pooling guidance.

Additional documents:

9.

Risk Register Review pdf icon PDF 55 KB

For Members to consider all risks assessed at amber and above.

Additional documents:

10.

Currency hedging pdf icon PDF 68 KB

For Members of the Board to consider the case for implementing currency hedging for the equity investment part of the portfolio.

Additional documents:

11.

Pension Board Forward Plan pdf icon PDF 73 KB

For Members to consider the Board’s forward plan.

12.

Brexit: planning scenarios pdf icon PDF 65 KB

For Members to consider the possible implications arising from Brexit.

13.

Audit Plan for the Local Government Pension Fund pdf icon PDF 50 KB

To receive for information, an update on the audit of the Pension Fund.

Additional documents:

Part B

14.

Exclusion of the Press and Public

The following motion is to be moved and seconded where it is proposed to exclude the press and public from the remainder of a meeting:

 

“That, under Section 100A(4) of the Local Government Act, 1972, the press and public be excluded from the meeting for the following items of business on the grounds that it involves the likely disclosure of exempt information falling within those paragraphs indicated in Part 1 of Schedule 12A of the Local Government Act 1972, as amended.”

 

15.

Property Asset Transfer