Agenda

Pensions Committee - Wednesday, 29th June, 2022 10.00 am

Venue: Council Chamber - Civic Centre, St Peter's Square, Wolverhampton WV1 1SH

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

Media

Items
No. Item

1.

Apologies for absence (if any)

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2.

Declarations of interests (if any)

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3.

Minutes of the previous meeting pdf icon PDF 357 KB

[For approval]

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4.

Matters arising

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

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5.

Annual Governance Arrangements pdf icon PDF 241 KB

[To approve annual governance matters.]

 

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6.

Compliance and Assurance pdf icon PDF 266 KB

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

 

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7.

Statement of Accounts 2021-2022 pdf icon PDF 171 KB

[To approve the draft statement of accounts for the year ending 31 March 2022.] (To follow)

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8.

Budget Monitoring / Quarterly Accounts 31 March 2022 pdf icon PDF 223 KB

[To receive an update on the forecast out-turn against operating budget and present the quarterly accounts to 31 March 2022.] (To follow)

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9.

Pensions Administration Report to 31 March 2022 pdf icon PDF 1 MB

[To receive an update on the routine operational work undertaken by the pensions administration service areas during the period 1 January 2022 to 31 March 2022.]

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10.

Customer Engagement Update pdf icon PDF 405 KB

[To receive an update of the Fund’s customer engagement activity from 1 January 2022 to 31 March 2022.]

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11.

Local Pensions Board Annual Governance Report pdf icon PDF 172 KB

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

 

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12.

Internal Audit Annual Report 2021 - 2022 pdf icon PDF 441 KB

[To receive an outline of the work programme for internal audit during 2021 – 2022.]

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13.

Quarterly Investment Report to 31 March 2022 pdf icon PDF 501 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.]

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14.

Responsible Investment pdf icon PDF 465 KB

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

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15.

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.]

 

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PART 2 - EXEMPT ITEMS, CLOSED TO PRESS AND PUBLIC

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16.

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.]

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17.

Annual Report on the Investment Advisory Panel

[To note the work of the Investment Advisory Panel for 2021 – 2022.]

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18.

CEM Benchmarking

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

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19.

Fund Structure Update

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

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20.

2022 Actuarial Valuation

[To receive an update on the 2022 Actuarial Valuation.]

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21.

Cyber Annual Update

[To receive an update on Cyber Security.]

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