LGPS Central Ltd Shareholder Update
[To provide an update on the LGPS Central Shareholder activity and to summarise outcomes of the Shareholder Forum and General Company meeting in February 2019]
Additional documents:
Minutes:
Rachel Brothwood, Director of Pensions presented the update on LGPS Central Shareholder activity and on a summary of the outcomes of the Shareholder Forum and General Company meeting in February 2019.
Jill Davys, Assistant Director - Investments and Finance responded to a question from Malcolm Cantello (Unison) regarding two sub funds/mandates referred to in the Asset Transfer Plan appended to LGPS Central’s Strategic Business Plan.
Resolved:
1. That the strategic business plan and operating budget for 2019/2020 approved for LGPS Central Limited be noted.
2. That observations from the Company’s first year and deliverables set for 2019/2020 be noted.
3. That items approved by Shareholders in relation to the appointment of the new Chief Executive, renumeration, pay increases and appointment of Non-Executive Directors be noted.