Agenda and minutes

To note any changes to the membership.

There were no changes to the membership.

To receive declarations of interest by Members and Officers of any pecuniary interest or any other significant interest in matters on this agenda.

Councillor Eoghain Murphy declared that he is an employee of HSBC Global Asset Management, however, this did not directly involve any business for this meeting.

To follow.

RESOLVED:

            That the minutes of the meetings held on 19 March 2020 and 13 May 2020 respectively be signed by the Chairman as a correct record of proceedings, subject the Chairman’s comments made in respect of the 13 May 2020 minutes.

Report of the Director of People Services.

Sarah Hay (Senior Payroll and Pensions Adviser) updated the Committee on the pension administration service. Members noted the current performance and that there was a confidential report to consider in respect of a future pension administration service provider.

Report of the Director of People Services.

Eleanor Dennis (Pensions Manager) updated the Committee on data quality issues.

Report of the Tri-Borough Director of Treasury and Pensions.

The Committee noted the current position concerning the Fund’s risk register and cashflow situation.

Report of the Tri-Borough Director of Treasury and Pensions.

The Committee noted the current performance of the Fund.

Report of the Tri-Borough Director of Treasury and Pensions.

The Committee received the latest update with regards to the McCloud issue.

Report of the Tri-Borough Director of Treasury and Pensions.

The Committee noted the report.

Report of the Tri-Borough Director of Treasury and Pensions.

The Committee welcomed and noted the report.

Report of the Tri-Borough Director of Treasury and Pensions.

The Committee considered a confidential report on renewable infrastructure.

RECOMMENDED: That under Section 100 (A) (4) and Part 1 of Schedule 12A to the Local Government Act 1972 (as amended), the public and press be excluded from the meeting for the following items of business because they involve the likely disclosure of exempt information on the grounds shown below and it is considered that, in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information:

Report of the Director of People Services.

The Committee considered the confidential report and agreed the recommendations.

Report of the Director of People Services.

The Committee noted the confidential report.

Report of the Tri-Borough Director of Treasury and Pensions.

The Committee had before them the confidential report and agreed that this matter be considered again at a future meeting.