Agenda and minutes

Hampshire Pension Fund Panel and Board
Friday, 13th October, 2017 2.00 pm

Venue: Ashburton Hall

Contact: Email: members.services@hants.gov.uk 

Items
No. Item

38.

Apologies for Absence

To receive any apologies for absence.

Minutes:

Councillors Giddings, Glen and Latham and Mrs Arrowsmith sent their apologies.

 

39.

Declarations of Interest

All Members who believe they have a Disclosable Pecuniary Interest in any matter to be considered at the meeting must declare that interest and, having regard to Part 3 Paragraph 1.5 of the County Council's Members’ Code of Conduct, leave the meeting while the matter is discussed, save for exercising any right to speak in accordance with Paragraph 1.6 of the Code.  Furthermore all Members with a Personal Interest in a matter being considered at the meeting should consider, having regard to Part 5, Paragraph 4 of the Code, whether such interest should be declared, and having regard to Part 5, Paragraph 5 of the Code, consider whether it is appropriate to leave the meeting while the matter is discussed, save for exercising any right to speak in accordance with the Code.

 

Minutes:

Members were mindful that where they believed they had a Disclosable Pecuniary Interest in any matter considered at the meeting they must declare that interest at the time of the relevant debate and, having regard to the circumstances described in Part 3, Paragraph 1.5 of the County Council's Members' Code of Conduct, leave the meeting while the matter was discussed, save for exercising any right to speak in accordance with Paragraph 1.6 of the Code.  Furthermore Members were mindful that where they believed they had a Non-Pecuniary interest in a matter being considered at the meeting they considered whether such interest should be declared, and having regard to Part 5, Paragraph 2 of the Code, considered whether it was appropriate to leave the meeting whilst the matter was discussed, save for exercising any right to speak in accordance with the Code.

 

40.

Chairman's Announcements

To receive any announcements the Chairman may wish to make

Minutes:

The Chairman thanked members for their attendance at the Pension Fund’s Annual Employers Meeting earlier that day.

 

The Chairman asked members to save any updates on training events they had attended until the Panel and Board’s next meeting on 3 November 2017.

 

41.

Exclusion of the Press and Public

That in relation to the following items the press and public be excluded from the meeting, as it is likely, in view of the nature of the business to be transacted or the nature of proceedings, that if a member of the public were present during the items there would be disclosure to them of exempt information within Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972, and further that in all circumstances of the case, the public interest in maintaining the exempt information outweighs the public interest in disclosing the information, for the reasons set out in the report.

 

Minutes:

RESOLVED:

 

            That the public be excluded from the meeting during the following items of business, as it is likely, in view of the nature of the business to be transacted or the nature of the proceedings, that if members of the public were present during these items there would be disclosure to them of exempt information within Paragraphs 1, 2 and 3 of Part 1 of Schedule 12A to the Local Government Act 1972, and further that in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information, for the reasons set out in the reports. 

42.

Investment - Investment Strategy Review

To consider the exempt report of the Director of Corporate Resources - Corporate Services updating the Pension Fund Panel and Board on the Investment Strategy Review.

 

Minutes:

The Panel and Board received an exempt report from the Director of Corporate Resources (Item 5 in the Minute Book) with proposals for amendments to the Pension Fund’s investment strategy.  [SUMMARY OF A MINUTE WHICH CONTAINS EXEMPT INFORMATION]