Meeting documents

Apologies had been received by Mr Butcher and Mr Harriss.

Ms Dobson, Independent Adviser, stated that she was a Non-Executive Director for the London CIV, Aberdeen Standard Fund Managers Ltd and M & G Securities Ltd which didn’t cause a conflict, but she wanted to make the Committee aware of it. She was also the Independent Investment Advisor for the EA pension fund.

For the Committee to agree the minutes of the meeting held in September 2019

The minutes of the meeting held on 13^th September 2019 were agreed by the Committee.

The Vice-Chairman gave an update that Pension Fund Committee accounts would be due to be signed off on 20^th January, alongside Buckinghamshire County Council’s statement of accounts. The delay had been down to the external auditors, Grant Thornton and there were no planned changes to the accounts.

For the Committee to note the minutes of the Pension Fund Board’s meeting held on 2^nd October 2019

The minutes from the last Pension Fund Board meeting, held on 2^nd October 2019, were noted by the Committee.

Ms Edwards, Pensions and Investments Manager, informed the Committee that the statement contained the combined contents of the previous Governance Compliance Policy and Governance Compliance Statement and demonstrated that the Committee had met all necessary requirements. She advised that this would need to be revised when the new Buckinghamshire Council was established.

RESOLVED: The Committee APPROVED the statement unanimously  

For the Committee to note the updated PFC forward plan.

The Chairman told the Committee that there would only be one remaining meeting for the existing council and asked Members to note the work programme.

RESOLVED: The Committee NOTED the forward plan

RESOLVED

That the press and public be excluded for the following item which is exempt by virtue of Paragraph 3 of Part 1 of Schedule 12a of the Local Government Act 1972 because it contains information relating to the financial or business affairs of any particular person (including the authority holding that information)

For the Committee to agree the minutes of the meeting held in September 2019.

For the Committee to note the confidential minutes of the Pension Fund Board’s meeting held on 2^nd October 2019

The date of the next meeting will be on 28^th February 2019 in Mezz 2, County Hall, Aylesbury.

The date of the next meeting would be 28^th February 2020, in Mezz 2, County Offices, Aylesbury.