Agenda

Pension Committee
Tuesday, 17th September, 2019 7.00 pm

Venue: Civic Offices, St Nicholas Way, Sutton SM1 1EA

Contact: Sharon Major, Committee Services Officer  Tel: 020 8770 4990 | Email:  committeeservices@sutton.gov.uk

Items
No. Item

Fire Precautions - Civic Offices pdf icon PDF 42 KB

Additional documents:

1.

Welcome and introductions

2.

Apologies for absence

3.

Declarations of interest

4.

Member Training - Infrastructure

5.

Minutes of the previous meeting pdf icon PDF 83 KB

To approve as a correct record the minutes of the meeting held on 4 June 2019

6.

Quarterly investment performance report to June 2019 pdf icon PDF 122 KB

The report at Appendix A shows the performance of the total Fund and individual fund managers for the quarter ending 30 June 2019, performance in the last twelve months, annualised rolling three and five year performance against the benchmark. Exempt Appendix B has manager ratings by Hymans and manager fees.

Additional documents:

7.

Presentation by Partners Group on investment performance to June 2019

8.

Investment Strategy :Private Debt pdf icon PDF 99 KB

The report at Appendix A was prepared by the Fund’s investment advisor, Barnett-Waddingham, to review the London Collective Investment Vehicle’s fund offering for private debt.

Additional documents:

9.

Update on ESG: Carbon Footprinting information, ESG investment processes and examples from fund managers pdf icon PDF 130 KB

This report provides an update on agreed actions to progress the Committee’s policy and strategy to incorporate Environmental, Social and Governance (ESG) issues into its decision making.

Additional documents:

10.

Pension Fund Annual Report including Statement of accounts pdf icon PDF 123 KB

The attached Pension Fund Annual Report at Appendix A has been produced to keep scheme members and other interested stakeholders informed about the administration and performance of the London Borough of Sutton Pension Fund, and to comply with Regulation 57 of The Local Government Pension Scheme Regulations 2013 (England and Wales).

Additional documents:

11.

Pension Administration update pdf icon PDF 175 KB

This report provides an update on the main work streams impacting pensions administration for the period of May 2019 to July 2019.

Additional documents:

12.

LGPS Good Governance Review pdf icon PDF 143 KB

This report provides an update on the LGPS Scheme Advisory Board’s (SAB) review of governance structures for Councils’ pension funds. The full report is in Appendix A.

Additional documents:

13.

Review of work programme pdf icon PDF 99 KB

The Work Programme set out in this report has been produced to propose agenda items to be presented and discussed at future meetings.

14.

Any urgent business

To consider any items which, in the view of the Chair, should be dealt with as a matter of urgency because of special circumstances (in accordance with S100B(4) of the Local Government Act 1972).

15.

Exclusion of the public and press

The following motion should be moved, seconded and approved if the committee wishes to exclude the public and press to deal with reports revealing exempt information:

That the public and press be excluded from the meeting for the following items of business on the grounds that they involve the likely disclosure of exempt information as defined in paragraph X Schedule 12A of the Local Government Act 1972.