Agenda and minutes

Councillor Ingleby (Chair), declared a personal interest as a Councillor elected Director of Lewisham Homes not in receipt of pension.

RESOLVED that the minutes of the meeting of the Pensions Investment Committee held on 13 February 2020* be confirmed and signed as a true record.

*Please note it was RESOLVED that minutes of the PREVIOUS meeting, were agreed as an accurate record.

RESOLVED that under Section 100(A) (4) of the Local Government Act 1972, the press and public 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 paragraphs 3, 4 and 5 of Part 1 of Schedule 12(A) of the Act, as amended by the Local Authorities (Executive Arrangements) (Access to Information) (Amendments) (England) Regulations 2006:-

4. Investment monitoring report

5. Fund valuation and next steps

6. General update

The Committee received a confidential report outlining the quarterly performance of the Pension Fund investment portfolio. The report was presented by the Council’s advisors, Hymans Robertson.

The Committee,

RESOLVED that the report be noted.

The Committee received a confidential report providing an update on several general fund related matters in the last quarterly period.

The Committee,

RESOLVED that the report update be noted.

The Committee received a confidential report providing an update on several general pension related matters in the last quarterly period.

The Committee,

RESOLVED that the report be noted.

The meeting ended at 9.06 pm