Kensington and Chelsea Committees

Pension Board

Pensions

Recent meetings

14 meetings · Page 1 of 2

23 Mar 2026

2:30 pm

Pension Board - Monday, 23 March 2026 - 2.30 pm

The Pension Board meeting scheduled for Monday, 23 March 2026, was set to cover a range of important financial and administrative updates concerning the Royal Borough of Kensington and Chelsea Pension Fund. Key discussions were expected to include the resul...

05 Nov 2025

Pension Board - Wednesday, 5th November, 2025 2.30 pm

The Kensington and Chelsea Council Pension Board is scheduled to meet on 5 November 2025 to discuss a range of topics related to the management and performance of the council's pension fund. These topics include a quarterly performance review, an update on ...

18 Aug 2025

Pension Board - Monday, 18th August, 2025 2.30 pm

This meeting of the Kensington and Chelsea Pension Board was scheduled to include a discussion of the implementation of annual benefit statements, and to consider whether to delay the inclusion of information about the McCloud remedy[^2] in the statements i...

09 Jul 2025

Pension Board - Wednesday, 9th July, 2025 2.30 pm

The Kensington and Chelsea Pension Board met to discuss pension administration, review fund policies, and consider investment performance. The board was also scheduled to discuss its business plan and direct property investments.

03 Apr 2025

2:30 pm

Pension Board - Thursday, 3rd April, 2025 2.30 pm

The Pension Board of Kensington and Chelsea Council was scheduled to discuss updates on pension administration, quarterly investment performance, cashflow, and risk management. The meeting's agenda also included a review of the previous meeting's minutes an...

About

PENSION BOARD   The role of the local Pension Board is defined by section 5 of the Public Service Pensions Act 2013 and regulation 106 of the Local Government Pension Scheme Page 112 Constitution Part Five, Sections One and Two – Committee Duties, Membership and Chairmanship Amended May 2023 (LGPS) Governance Regulations 2013. It is to assist the administering authority (the Council) with:   Securing compliance with the LGPS Governance regulations and any other legislation relating to the governance and administration of the LGPS; Securing compliance with any requirements imposed by the Pensions Regulator in relation to the scheme, and, Ensuring effective and efficient governance and administration of the scheme[1]recommendations to the Investment Committee.

1.               Membership is by appointment process. The Pension Board shall consist of six members and be constituted as follows:   (i)    Three employer representatives comprising one from an admitted or scheduled body and two nominated by the Council; and   (ii)   Three scheme member representatives whether from the Council or an admitted or scheduled body.   (iii) The process for selecting non-Council nominated members of the Pension Board is set out in a separate document “Selection of Pension Board members”.   (iv) Only one employee/employer representative should resign each year, on a rolling basis, so that the Board would always have two serving representatives.   The Pension Board shall be quorate when three Pension Board Members are in attendance.   ·       The Chairman and Vice Chairman of the Board will be appointed by members of the Board as the first business at their first meeting.   ·       Each Scheme Member representative may agree a nominate substitute at the first meeting who would act in the Board member’s absence.   ·       Each Employer representative is there on behalf of the employer, so may be replaced by the nominating body with another individual representing the same employer.   ·       Each Employee member shall be appointed for a fixed period of four years, which can be extended for a further four-year period subject to re-nomination.

 

Members

Profile image for David Lindsay
David Lindsay · Chair
Profile image for Lloyd North
Lloyd North · Member