Agenda and minutes

Superannuation Fund Committee
Friday, 31st May, 2019 10.00 am

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

Contact: Theresa Grayell  03000 416172

Items
No. Item

126.

Membership

Minutes:

The Democratic Services Officer reported that, since the publication of the agenda, notice had been received that Cllr Mrs Josie Iles had replaced Cllr Les Wicks as Medway Council’s representative on the committee. 

 

127.

Apologies and Substitutes

Apologies for absence have been received from Mr J Parsons.

Minutes:

Apologies for absence had been received from Cllr Mrs J Iles, Mr P J Oakford and Mr J Parsons.  There were no substitutes.

 

128.

Declarations of interest by Members in items on the agenda for this meeting.

Minutes:

There were no declarations of interest.

129.

Minutes of the meeting held on 15 March 2019 pdf icon PDF 128 KB

Minutes:

It was RESOLVED that the minutes of the meeting held on 15 March 2019 are correctly recorded and they be signed by the Chairman. There were no matters arising.

 

130.

Motion to exclude the press and public

That under Section 100A of the Local Government Act 1972 the press and public be excluded from the meeting for the following business on the grounds that it involves the likely disclosure of exempt information as defined in paragraph 3 of part 1 of Schedule 12A of the Act.

 

Paragraph 3 – Information relating to the financial or business affairs of any particular person (including the authority holding that information)

 

EXEMPT ITEMS

 

(During these items the meeting is likely NOT to be open to the press and public)

 

Minutes:

It was RESOLVED that, under Section 100A of the Local Government Act 1972, the press and public be excluded from the meeting for the following business on the grounds that it involves the likely disclosure of exempt information as defined in paragraph 3 of part 1 of Schedule 12A of the Act.

 

SUMMARY OF EXEMPT ITEM

 

(where access to minutes remains restricted)

 

 

 

 

 

131.

Investment Strategy

Additional documents:

Minutes:

 

1.            The committee heard presentations from fund managers and asked questions of detail about the companies, their respective practices and performance records.

 

2.            The committee then AGREED a series of decisions relating to the Fund’s investment strategy.

 

 

UNRESTRICTED ITEMS

(meeting open to the public)

132.

Date of next meeting

The next meeting of the committee will be held on Friday 21 June 2019 at 10.00am

Minutes:

It was noted that the next meeting of the Committee would be held on Friday, 21 June 2019.