Agenda

Hampshire Pension Fund Panel and Board
Friday, 14th December, 2018 10.00 am

Venue: Wellington Room, EII South, Winchester

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

Items
No. Item

1.

Apologies for Absence

To receive any apologies for absence.

2.

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.

 

3.

Confirmation of Minutes (Non-Exempt) pdf icon PDF 68 KB

To confirm the Minutes of the meeting held on 15 November 2018.

4.

Chairman's Announcements

To receive any announcements the Chairman may wish to make.

5.

Governance - Internal Audit Progress Report pdf icon PDF 73 KB

To consider a report from the Director of Corporate Resources-Corporate Services providing the Pension Fund Panel and Board with an overview of the internal audit work completed in accordance with the approved plan.

 

Additional documents:

6.

Governance - Administration Performance Update pdf icon PDF 140 KB

To consider a report from the Director of Corporate Resources-Corporate Services updating the Pension Fund Panel and Board on pensions administration in the first six months of 2018/19, including an analysis of employer performance, and seeking approval for the updated Communication Policy Statement.

 

Additional documents:

7.

Governance - Review of the Pension Fund's Statutory Statements pdf icon PDF 313 KB

To consider a report from the Director of Corporate Resources-Corporate Services seeking the annual approval by the Pension Fund Panel and Board of the Pension Fund's statutory statements - Business Plan, Investment Strategy Statement, Funding Strategy Statement, Governance Policy and Governance Compliance Statement, Communication Policy Statement and Administration Strategy Statement. In addition the Panel and Board’s approval is sought for changes to the Employer Policy.

8.

Investments: Pension Fund Cash Monitoring and Annual Investment Strategy 2019/20 pdf icon PDF 116 KB

To consider a report from the Director of Corporate Resources - Corporate Services providing an update on the management of the Pension Fund’s cash balances and the Annual Investment Strategy for those cash balances for 2019/20.

 

9.

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.

 

10.

Confirmation of the Exempt Minutes of the Meeting on 15 November 2018

To confirm the exempt minutes of the meeting held on 15 November 2018.

11.

Investments - Cash Investment Strategy - Exempt Appendix

To consider an exempt appendix from the Director of Corporate Resources - Corporate Services providing an update on the management of the Pension Fund's cash balances.

12.

Governance: Draft Environmental, Social and Governance Policy

To consider an exempt report from the Director of Corporate Resources – Corporate Services seeking approval for the Pension Fund’s revised draft  Responsible Investment Policy for consultation as set out in the report, as recommended by the Environmental Social and Governance (ESG) working group.

13.

Investment - Investment Update

To consider the exempt report of the Director of Corporate Resources - Corporate Services updating the Panel and Board on the progress of the Pension Fund’s investments since the last meeting of the Pension Fund Panel and Board on 15 November 2018.