minutes for this agenda
A meeting of the Investment and Pension Fund Committee will be held on the above date at 10.00am at County Hall, Exeter to consider the following matters.
A G E N D A
1. Apologies for absence.
2. Minutes of the meeting held on 19 February (Page 5).
3. Items requiring urgent attention
Items which in the opinion of the Chairman should be considered at the meeting as matters of urgency.
4. UNISON Representation
To report that the Devon Branch of UNISON has agreed that Mr Roberto Franceschini will continue to represent the contributors in the Devon LGPS and has been nominated Staff representative "Observer" on the Devon Investment and Pensions Committee.
5. Welcome to the New Adviser to the Committee
Mr John Harrison.
6. Application for Admitted Body Status - Curzon 2781 Limited
Report of the Director of Finance (CR/10/49) (Page 8).
7. Application for Admitted Body Status Sanctuary Housing Association
Report of the Director of Finance (CR/10/50) (Page 10).
8. Committee Training
As requested at the last Committee a training day has been arranged for Friday 11 June 2010.
The two areas to be covered will be Property and Global Custody. Members have already received brief details of the date and a final programme will be issued as soon as possible.
9. Audit Committee
The Committee is scheduled to meet at 11am on Thursday 24 June as an Audit Committee to receive the Pension Fund Statement of Accounts for 2009/10. As this will be the first occasion that the Committee will have to act in this capacity, it is proposed that the Director of Finance arrange a brief training session at 10.15am, prior to the commencement of the Committee.
10. Investment Management and New Money Report
Report of the Director of Finance (CR/10/51) (Page 12).
11. Dates of Future Meetings
Information on future meeting dates is shown below. The Committee will meet at 10.00am on the following dates:
2010: 24 June 2010 (Audit Committee) - 11am
3 September 2010
24 September (Audit Committee if required) - 11am
26 November 2010
2011: 18 February 2011 (including Annual Consultative Meeting)
20 May 2011
PART II ITEMS WHICH MAY BE TAKEN IN THE ABSENCE OF THE PRESS AND PUBLIC
MEMBERS ARE REQUESTED TO SIGN THE ATTENDANCE REGISTER
All recommendations contained in any Reports to be considered at this meeting are subject to approval by the Committee.
Members are reminded that Part II Reports contain exempt information and should therefore be treated accordingly. They should not be disclosed or passed on to any other person(s).
Members are also reminded of the need to dispose of such reports carefully and are therefore urged to return them to the Committee Secretary at the conclusion of the meeting for disposal
Devon County Council
Councillors Randall-Johnson (Chairman), Black, Brook, Edgell, Fry, Greenslade, Hannon, Moulding, Parsons (Vice-Chairman), Radford, Sanders and Westlake
Unitary and District Councils
Councillors Stark and Smith (Plymouth), Edwards (Exeter - LGA Devon), Thomas (Torbay)
Substitute members: Councillors Mahony (for Stark), Lowry (for Smith), Howarth (for Edwards)
Union and retired Members: Observers Non-Voting
Mr. Franceschini, Mr. Lomax and Mrs. Parker
Access to Information
Any person wishing to inspect any minutes, reports or lists of background papers relating to any item on this agenda should contact Mr. Wilkinson on the telephone number shown at the top of this agenda.
Agendas and minutes of this Committee are published on the Information Devon Website at:- http://www.devon-cc.gov.uk/dcc/committee/mingifs.html
Declaration of Interests
Members are reminded that they must declare any interest they may have in any item to be considered at this meeting, prior to any discussion taking place on that item.
Copies of this Agenda and/or Reports may be made available in other formats (e.g. large print, audio tape, Braille or other languages). Please contact the Information Centre on 01392 380101 for more information.