Meeting documents

SCC Pensions Committee
Friday, 10th September, 2021 10.00 am

Venue: Luttrell Room, County Hall

Contact: Email: democraticservices@somerset.gov.uk / 01823 357628

Items
No.	Item
	* Public Guidance notes contained in agenda annexe * PDF 46 KB
1.	Apologies for absence To receive apologises for absence.
2.	Declarations of Interest Details of all Members’ interests in District, Town and Parish Councils can be viewed on the Council Website at County Councillors membership of Town, City, Parish or District Councils and this will be displayed in the meeting room (Where relevant). The Statutory Register of Member’s Interests can be inspected via request to the Democratic Service Team.
3.	Minutes from the previous meeting PDF 100 KB The Committee is asked to confirm the minutes are accurate.
4.	Public Question Time The Chair will allow members of the public to present a petition on any matter within the Committee’s remit. Questions or statements about any matter on the agenda for this meeting will be taken at the time when each matter is considered.
5.	Somerset Unitary To receive a verbal update on implications of the Unitary process on the pension fund from the Funds & Investments Manager
6.	LGPS Pooling of Investments PDF 36 KB To receive an update from the Funds & Investments Manager
7.	Independent Investment Advisor’s Report To receive a verbal update on developments in financial markets
8.	Review of Investment Performance (to follow) PDF 28 KB To consider this report from the Funds & Investments Manager Additional documents: Report Item 8 Appendix A - Performance Sept 2021 , item 8. PDF 143 KB
9.	Review of Administration Performance PDF 89 KB To consider this report from the Head of Peninsula Pensions
10.	Business Plan Update PDF 32 KB To consider this report from the Funds & Investments Manager Additional documents: Report Item 10 Appendix A - Committee Business Plan Sept 2021 , item 10. PDF 87 KB Report Item 10 Appendix B - Meeting Plan Sept 2021 , item 10. PDF 77 KB
11.	Finance and Membership Statistics Update PDF 63 KB To consider this report from the Funds & Investments Manager Additional documents: Report Item 11 Appendix A - 2021-22 outturn Sept 2021 , item 11. PDF 62 KB Report Item 11 Appendix B - 2020-21 outturn Sept 2021 , item 11. PDF 62 KB
12.	Review of Pension Fund Risk Register PDF 31 KB To consider this report from the Funds & Investments Manager Additional documents: Report Item 12 Appendix A - Risk Register Sept 2021 , item 12. PDF 112 KB
13.	Funding Strategy Statement PDF 36 KB To consider a new Funding Strategy Statement for adoption by the Committee Additional documents: Report Item 13 Appendix A - Draft Funding Strategy Statement , item 13. PDF 2 MB
14.	Investment Strategy Statement PDF 34 KB To consider this report from the Funds & Investments Manager
15.	Annual report including the accounts and investment performance PDF 53 KB To approve the publication of the 2020-21 annual report for the Fund
16.	Any Other Business of Urgency The Chairman may raise any items of urgent business