Agenda and minutes

Pensions Board
Thursday, 27th September, 2018 1.00 pm

Venue: Ivanovo Room - County Buildings. View directions

Contact: Mike Bradbury  Email: michael.bradbury@staffordshire.gov.uk

Items
No. Item

1.

Apologies

2.

Declarations of Interest

Minutes:

There were no declarations of interest on this occasion.

3.

Minutes of the meeting held on 15 June 2018 pdf icon PDF 108 KB

Minutes:

The Director of Finance and Resources referred to minute number 43 and informed the Board that Kate Salter had attended the Officer Working Group Risk Register meeting held during the summer.

 

RESOLVED – That the minutes of the meeting held on 15 June 2018 be confirmed and signed by the chairman.

 

4.

Matters arising from meetings of the Pensions Committee held on 15 June and 27 September 2018

·         Pensions Committee – Minutes of the meeting held on 15 June 2018

·         Pensions Committee – Meeting held on 27 September 2018

Minutes:

RESOLVED – That there were no matters arising.

5.

Local Pension Board Conference 2018

Oral report of the Chairman of the Pensions Board

Minutes:

The Chairman reported that most Pension Boards from across England were represented at the Local Pensions Board Conference held in London and organised by CIPFA. The Board were informed that the Conference programme included presentation from the Local Government Pension Scheme Advisory Board and the Pensions Regulator and there were also discussions around Pooling. The Chairman indicated that a number of the Pensions Board represented at the Conference were critical of the pensions regulator and the time it took to receive a response to any issues raised with him.

 

During the Conference, the representatives of several of the Pensions Board from the Funds in LGPS Central agreed that it would be useful for them to meet on a regular basis and, to this end, a meeting, had been arranged for 10 October 2018 in Wolverhampton. As the Chairman was not able to attend the meeting due to a prior commitment, it was agreed that Christina Washington attend.

 

The Board also discussed the Chairman’s concern regarding Enviroserve and the fact that the Pensions Regulator, who promised a response within two weeks, had failed to do so. The Chairman advised that he was still waiting for this response, three months later. The Board agreed that the Chairman should pursue a response from the Pensions Regulator.

 

RESOLVED – (a) That the update be noted

 

(b) That the Chairman write to the Pensions Regulator to request a response to the concerns regarding Enviroserve.

 

6.

Dates of Future Meetings

·         18 December 2018

·         15 March 2019

Minutes:

RESOLVED – That the dates of the future meetings be noted.

7.

Exclusion of the Public

The Chairman to move:-

 

‘That the public be excluded from the meeting for the following items of business which involve the likely disclosure of exempt information as defined in the paragraphs of Part 1 of Schedule 12A of the Local Government Act 1972 (as amended) indicated below’.

 

PART TWO

Minutes:

RESOLVED - That the public be excluded from the meeting for the following items of business which involve the likely disclosure of exempt information as defined in the paragraphs of Part 1 of Schedule 12A (as amended) of Local Government Act 1972 indicated below.

 

8.

Exempt Minutes of the Meeting held on 15 June 2018

(Exemption paragraph 3)

Minutes:

(Exemption paragraph 3)

9.

Exempt Matters Arising from meetings of the Pensions Committee held on 15 June and 27 September 2018

(Exemption paragraph 3)

 

·         Pensions Committee – Minutes of the Meeting held on 15 June 2018

·         Pensions Committee – Meeting on 27 September 2018

Minutes:

(Exemption paragraph 3)

 

 

10.

Training- Data

(Exemption paragraph 3)

 

Presentation by Hymans Robertson

Minutes:

(Exemption paragraph 3)