Agenda
PDF 147 KBVenue: Guardsman Tony Downes House, Manchester Road, Droylsden, M43 6SF
Contact: Carolyn Eaton, Senior Democratic Services Officer 0161 342 3050 or Email: carolyn.eaton@tameside.gov.uk
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GENERAL BUSINESS |
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Chair's Opening Remarks |
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Apologies for Absence |
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Declarations of Interest To receive any declarations of interest from Members of the Panel. |
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Minutes |
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Minutes of the Annual General Meeting To approve as a correct record the Minutes of the meeting of the Pension Fund Annual General Meeting held on 19 October 2018. |
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Minutes of the Pension Fund Advisory Panel To approve as a correct record the Minutes of the meeting of the Pension Fund Advisory Panel held on 18 January 2019. |
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Minutes of the Pension Fund Management Panel To approve as a correct record the Minutes of the meeting of the Pension Fund Management Panel held on 18 January 2019. |
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Local Government (Access to Information) Act 1985 |
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Urgent Items To consider any items which the Chair is of the opinion shall be considered as a matter of urgency. |
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Exempt Items The Proper Officer is of the opinion that during the consideration of the items set out below, the meeting is not likely to be open to the press and public and therefore the reports are excluded in accordance with the provisions of the Schedule 12A to the Local Government Act 1972.
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Pension Fund Working Groups/Local Board Minutes |
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Local Pensions Board To note the Minutes of the meeting held on 14 February 2019. |
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Policy and Development Working Group To consider the Minutes of the meeting held on 8 March 2019. |
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Investment Monitoring and ESG Working Group To consider the Minutes of the meeting held on 21 December 2018. |
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Administration, Employer Funding and Viability Working Group To consider the Minutes of the meeting held on 21 December 2018.
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Property Working Group To consider the Minutes of the meeting held on 20 December 2018. |
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ITEMS FOR DISCUSSION / DECISION |
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Northern LGPS Update Report of the Assistant Director of Pensions, Funding and Business Development, attached. |
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Update on Investment Management Cost Benchmarking Report of the Assistant Director of Pensions, Investments, attached. |
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Update on Benchmarking Report of the Assistant Director of Pensions, Investments, attached. |
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Presentation On Costs Benchmarking - 'What Gets Measured Gets Managed' To receive a presentation from John Simmonds, CEM Benchmarking UK Ltd |
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Review of Investment Management Arrangements Report of the Assistant Director of Pensions, Investments, attached. To receive a presentation from William Marshall, Hymans Robertson. |
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Review of Investment Management Arrangements Report of the Assistant Director of Pensions, Investments, attached. |
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Training: Assessing Performance (With Reference to Multi-Asset Credit) To receive a presentation from William Marshall, Hymans Robertson. |
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Performance Dashboard Report of the Assistant Director of Pensions, Investments, attached. |
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2019 Actuarial Valuation and Related LGPS Developments Report of the Assistant Director of Pensions, Funding and Business Development, attached |
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Advisor Comments and Questions |
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ITEMS FOR INFORMATION |
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GMPF External Audit Plan 2018-2019 Report of the Assistant Director of Pensions, Local Investments and Property, attached. |
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Pensions Administration Update Report of the Pensions Policy Manager attached. |
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Future Training Dates Trustee training opportunities are available as follows. Further information/details can be obtained by contacting Loretta Stowers on 0161 301 7151.
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Dates of Future Meetings
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Working Papers - Appendices |
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Appendix 7a - Draft Guidance on Pooling Consultation |
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Appendix 7b - Pooling Presentation |
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Appendix 7c - Request to Minister for meeting 08.02.19 |
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Appendix 7d - Northern LGPS response 19.03.19 |
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Appendix 7e - Northern LGPS response 28. 03.19 - QC opinion |
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Appendix 7f - Local Pension Board response 28. 03. 19 |
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Appendix 7g - GMPF response 28. 03. 19 |
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Appendix 7h - Northern LGPS Press Coverage |
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Appendix 7i - Northern LGPS JC minutes 22. 11. 18 |
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Appendix 7j - Northern LGPS JC Minutes 28. 01. 19 |
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Appendix 8a - Update on Investment Management Cost Benchmarking |
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Appendix 8b - Update on Investment Management Cost Benchmarking |
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Appendix 9a - Review of Investment Management Arrangements |
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Appendix 9b - Hymans Panel Slides Cash & Bonds |
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Appendix 10a - Performacne Dashboard |
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Appendix 11a - 2019 Actuarial Valuation Plan |
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Appendix 13a - Audit Plan 2018-19 |