Meeting documents

SCC Somerset Pensions Board
Friday, 18th February, 2022 10.00 am

  • Meeting of Somerset Pensions Board, Friday 18th February 2022 10.00 am (Item 4.)

An opportunity for Pensions Board members to comment on the papers provided to the Pensions Committee at their meeting of 7 January 2022.


The Funds and Investments Manager gave a brief outline of the Pensions Committee papers explaining the investment process and Brunel.   Cllr Hills asked if the Committee could make decisions virtually.  Mr Sweet explained that the officers will make the decisions after voting has been taken, under the new rule agreed by Full Council until May 2022.  The May elections will only affect Cllr Healey, depending on if he is elected, and if not, a new member will be appointed.


Mr Sweet mentioned there is likely to be a number of Committee members who are stand down, so new members will need to be found.  Mrs Ellins raised the issue of further consideration of the pensions fund administration performance and how information could be provided and reported at future meetings. It was agreed that Mr D Harris, Cllr Hills, Mrs R Ellins and Mr Morton would meet to discuss a way forward to address this.



The Board noted the update.