Agenda and minutes

(1)               RESOLVED that the Minutes of the meeting held on 5 March 2010 are correctly recorded and that they be signed by the Chairman.

(2)               RESOLVED that paragraph 14 of the Minutes of the meeting held on 18 June 2004 be amended to read that the admission of APCOA Parking UK Ltd be “agreed” and not “noted” as originally stated.

- report by the Chairman of the Superannuation Fund Committee and the Director of Finance)

 (Mr G Brown of the Audit Commission was in attendance for this item)

RESOLVED that the report be agreed.

 - report by the Chairman of the Superannuation Fund Committee and the Director of Finance)

(Mr P Luscombe, Pensions Manager, was in attendance for this item)

RESOLVED that the report be noted.

- report by the Chairman of the Superannuation Fund Committee and the Director of Finance)

RESOLVED that the Treasury Management Strategy proposed in the report be approved.

- report by the Chairman of the Superannuation Fund Committee and the Director of Finance)

RESOLVED:

(a)               that the performance for the quarter and the year be noted;

(b)               not to rebalance asset classes;

(c)               that the self-assessment be noted; and

(d)               that Mr D Boyd of Hymans Robertson be asked to attend the next meeting on 20 August 2010.

- report by the Chairman of the Superannuation Fund Committee and the Director of Finance)

RESOLVED that the business plan be agreed.

- report by the Chairman of the Superannuation Fund Committee and the Director of Finance)

RESOLVED that the training plan be agreed.

(1)               Mr N Vickers confirmed that the next meeting of the Committee would be held on 20 August 2010 and that there would be two additional meetings next year. 

(2)               RESOLVED that Mr G Rudd email the Members with next year’s dates.

(Open Access to Minutes)

RESOLVED that the exempt Minutes of the meeting held on 5 March 2010 are correctly recorded and that they be signed by the Chairman.

(1)               Mr A Brown and Mr A Pickering of Alliance Bernstein attended the meeting to give a presentation on Alliance Bernstein’s performance and to answer Members’ questions.

(2)               RESOLVED that the report from Alliance Bernstein be noted.

(1)               Mr P O’Gorman, Mr C Sim and Mr M Callow of DTZ attended the meeting to give a presentation of DTZ’s performance and to answer Members’ questions.

(2)               RESOLVED that the report from DTZ be noted.

(Where Access to Minutes Remains Restricted)

The Committee agreed a number of issues relating to the structure and management of the Fund.

The Committee agreed issues relating to Admission to the Fund.