Agenda

Venue: Committee Room 3 - Civic Centre, St Peter's Square, Wolverhampton WV1 1SH

Contact: Dereck Francis  Tel:01902 555835 or Email: dereck.francis@wolverhampton.gov.uk

Items
No. Item

1.

Apologies for absence (if any)

2.

Notification of substitute members

3.

Declarations of interests (if any)

4.

Minutes of the previous meeting - 5 September 2018 pdf icon PDF 103 KB

[For approval]

5.

Matters arising

[To consider any matters arising from the minutes of the previous meeting]

6.

GMB Nomination to Pensions Committee pdf icon PDF 56 KB

[To approve the nomination from the GMB]

7.

Quarterly Investment Report to 30 September 2018 pdf icon PDF 468 KB

[The present an update on a range of investment issues]

 

Additional documents:

8.

Responsible Investment pdf icon PDF 105 KB

[To provide an update on the work undertaken by the Fund in relation to responsible investment since the last meeting]

Additional documents:

9.

Budget Monitoring 2018/19 and Quarterly Accounts September 2018 pdf icon PDF 77 KB

[To provide an update on the forecast outturn for the year against operating budgets and quarterly accounts as at the end of September 2018]

 

Additional documents:

10.

Accounting Policies 2018/19 pdf icon PDF 58 KB

[To endorse the accounting policies to be used in preparing the Funds’ accounts for the 2018/19 financial year]

Additional documents:

11.

Service Development Report pdf icon PDF 81 KB

[To provide an update on the Fund’s delivery of the Service Plan, associated service development programmes and emerging themes]

Additional documents:

12.

Governance Update September to December 2018 pdf icon PDF 111 KB

[To provide an update on the work of the Fund in delivering a well governed scheme through the management of effective internal controls and a performance monitoring framework]

Additional documents:

13.

GDPR Audit Review pdf icon PDF 73 KB

[To provide an update on the work of the Fund to prepare and comply with the changes to Data Protection Law that came into effect in the UK on 25 May 2018]

 

Additional documents:

14.

Pensions Administration Report from 1 July to 30 September 2018 pdf icon PDF 144 KB

[To report on the work undertaken by the pensions administration service during the period 1 July to 30 September 2018 for both the Main Fund and the West Midlands Integrated Transport Authority Fund]

Additional documents:

15.

Customer Engagement Update pdf icon PDF 107 KB

[To provide an update on the Fund’s customer engagement activity from 1 July to 30 September 2018, in line with the Customer Engagement Strategy]

Additional documents:

16.

Employer Roadmap/ Performance Update pdf icon PDF 81 KB

[To provide an update of the Fund’s engagement activity with respect to increasing employer performance from 1 July to 30 September 2018, in line with the Pension Administration Strategy]

 

Additional documents:

17.

Exclusion of the Public

[To pass the following resolution:

 

That in accordance with Section 100A(4) of the Local Government Act 1972 the press and public be excluded from the meeting for the following items of business as they involve the likely disclosure of exempt information on the grounds shown below]

Part 2 - exempt items, closed to press and public

18.

Investment Strategy and Activity Update

[To provide an update on investment strategy and activity in the Fund over the last quarter]

19.

Employer Covenant Update

[To provide an update on the review of the in-house monitoring framework and the individual cases arising from the ongoing monitoring process]

 

20.

Preparations for 2019 Actuarial Valuation

[To provide an overview of the 2019 actuarial valuation process, deliverables and context in preparation for the review of funding strategy and employer contribution rates]

 

21.

Procurement

[To report on the upcoming programme of work to procure key professional services and advisors]

22.

West Midlands Integrated Transport Authority Fund

[To provide an update on considerations in relation to the West Midlands Integrated Transport Authority Pension Fund]