Agenda and minutes

Pension Fund Committee - Friday, 18th November, 2011 10.00 am

Venue: Darent Room, Sessions House, County Hall, Maidstone. View directions

Contact: Geoff Rudd 01622 694358

Items
No.	Item
	A. COMMITTEE BUSINESS
A52	Declarations of Interests by Members in items on the Agenda for this meeting. Minutes: There were none.
A53	Minutes PDF 65 KB Minutes: RESOLVED that the Minutes of the meeting held on 2 September 2011 are correctly recorded and that they be signed by the Chairman.
	D. MATTERS FOR REPORT/DECISION BY THE COMMITTEE
D54	Fund Position Statement PDF 36 KB Additional documents: D1 Appendix 1 - Fund Position Statement sept 2011 , item D54 PDF 202 KB Minutes: report by the Chairman of the Superannuation Fund Committee and the Acting Corporate Director of Finance and Procurement) RESOLVED that the report be noted.
D55	Collaborative Working PDF 68 KB Minutes: - report by the Chairman of the Superannuation Fund Committee and the Acting Corporate Director of Finance and Procurement) RESOLVED that the report be noted
D56	Changes to the LGPS PDF 71 KB Additional documents: D3 Appendix 1 , item D56 PDF 630 KB D3 Appendix 2 , item D56 PDF 240 KB D3 Appendix 3 , item D56 PDF 318 KB D3 Appendix 4 , item D56 PDF 65 KB Minutes: report by the Chairman of the Superannuation Fund Committee and the Acting Corporate Director of Finance and Procurement) RESOLVED that the report be noted.
D57	CIPFA Code of Practice On Public Sector Pensions / Finance Knowledge And Skills PDF 81 KB Minutes: report by the Chairman of the Superannuation Fund Committee and the Acting Corporate Director of Finance and Procurement) RESOLVED that the Training Plan be agreed.
D58	Application For Admission To The Fund PDF 61 KB Additional documents: D5 Appendix 1 , item D58 PDF 61 KB Minutes: report by the Chairman of the Superannuation Fund Committee and the Acting Corporate Director of Finance and Procurement) RESOLVED that:- (a) the details of the cessation report for Turner Contemporary Centre be noted, and (b) Admitted bodies be made aware that the new bond levels recommended by Barnett Waddingham will be applied.
	C. MATTERS FOR REPORT/DECISION BY THE COMMITTEE
C59	Minutes View the reasons why item C59 is restricted Minutes: RESOLVED that the exempt Minutes of the meeting held on 2 September 2011 are correctly recorded and that they be signed by the Chairman.
C60	Baillie Gifford Minutes: (1) Mr N Morecroft and Mrs L Dewar, of Baillie Gifford were in attendance for this item to give a presentation and answer Members questions. (2) RESOLVED that the report be noted.
C61	DTZ Minutes: (1) Mr P O’Gorman, of DTZ was in attendance for this item to give a presentation and answer Members questions. (2) RESOLVED that the report be noted.
C62	Fund Structure View the reasons why item C62 is restricted Additional documents: Restricted enclosure 17 View the reasons why document C62/2 is restricted Restricted enclosure 18 View the reasons why document C62/3 is restricted Minutes: - report by the Chairman of the Superannuation Fund Committee and the Acting Corporate Director of Finance and Procurement) The Committee agreed a number of issues relating to the structure and management of the Fund.