Agenda

Pensions Committee - Wednesday, 23rd June, 2021 10.00 am

Venue: Council Chamber

Contact: Fabrica Hastings  Tel:01902 552699 or Email: Fabrica.Hastings2@wolverhampton.gov.uk

Media

Items
No. Item

1.

Apologies for absence (if any)

Additional documents:

2.

Notification of substitute members

Additional documents:

3.

Declarations of interests (if any)

Additional documents:

4.

Minutes of the Previous Meeting pdf icon PDF 346 KB

[For approval.]

 

 

Additional documents:

5.

Matters arising

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

Additional documents:

6.

Pensions Committee Annual Governance pdf icon PDF 281 KB

[To approve the Annual Governance matters of Pensions Committee.]

Additional documents:

7.

Governance and Assurance pdf icon PDF 154 KB

[To receive an update on the work of the Fund to deliver a well governed scheme.]

Additional documents:

8.

Statement of Accounts 2020-2021 pdf icon PDF 159 KB

[To approve the draft Statement of Accounts for the year ending 31 March 2021.]

Additional documents:

9.

Pensions Administration Report to 31 March 2021 pdf icon PDF 797 KB

[To receive an update on the routine operational work undertaken by the pensions administration service areas during the period 1 January 2021 to 31 March 2021.]

Additional documents:

10.

Customer Engagement Update pdf icon PDF 398 KB

[To receive an update of the Fund’s customer engagement activity from 1 January 2021 to 31 March 2021.]

Additional documents:

11.

Annual Report of the Local Pensions Board pdf icon PDF 173 KB

[To note the report from the Local Pensions Board.]

Additional documents:

12.

Internal Audit Annual Report 2020-2021 pdf icon PDF 219 KB

[To receive an outline of the work programme for internal audit during 2020 – 2021.]

Additional documents:

13.

Budget Monitoring and Quarterly Accounts to 31 March 2021 pdf icon PDF 274 KB

[To receive an update on the forecast out-turn against operating budget and present the quarterly accounts to 31 March 2021.]

Additional documents:

14.

Quarterly Investment Report to 31 March 2021 pdf icon PDF 638 KB

[To receive an update on developments in investment markets, asset allocation and investment performance over the latest quarter in relation to the West Midlands Pension Fund (Main Fund and Admitted Body Sub Funds).

Additional documents:

15.

Responsible Investment Activities pdf icon PDF 342 KB

[To receive an update on the work undertaken in relation to responsible investment activities.]

Additional documents:

16.

Exclusion of press and 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 falling within paragraph 3 of Schedule 12A to the Act.]

 

Additional documents:

PART 2 - EXEMPT ITEMS, CLOSED TO PRESS AND PUBLIC

Additional documents:

17.

Investment Strategy and Activity Update

[To receive an update on the investment strategy and activity in the WMPF and Admitted Body Sub Funds over the quarter.]

18.

CEM Benchmarking

[To receive a report on the Fund’s Investment Management Benchmarking exercise.]

19.

Annual Report on the Investment Advisory Panel

[To note the work of the Investment Advisory Panel for 2020 – 2021.]

 

20.

Fund Structure Update

[To provide an update on staffing developments and requirements to support the Fund service delivery.]

 

21.

LGPS Central Pool

[To receive an update on the outcomes of a review of the LGPS Central pool and the case for pooling in the context of the West Midlands Pension Fund.]