The Pensions Committee and Board of Haringey Council was scheduled to convene on Thursday, 15 October 2026, to review a range of critical financial and operational matters concerning the Haringey Pension Fund. Key discussions were scheduled to include updates on the fund's external audit, risk management, investment performance, and administrative activities. The committee was also scheduled to consider the draft annual report for 2025/26 and the pension fund's business plan and budget for the upcoming financial year.

Pension Fund External Audit Update – Year to 31 March 2026

The Pensions Committee and Board was scheduled to consider the audit plan prepared by the Pension Fund's external auditors, KPMG, for the audit of the Pension Fund's Annual Accounts for the year ended 31 March 2026. The committee was also scheduled to review the statutory Annual Report from KPMG, which was to highlight their findings from the audit of the Pension Fund's statutory accounts. The report indicated that KPMG had been appointed as the Council's auditors by the Public Sector Audit Appointments Ltd, marking their third year as the Haringey Pension Fund's auditors. The audit plan was scheduled to outline KPMG's approach to auditing the annual accounts, including key areas of focus, planned scope, materiality, and significant audit risks. The report also detailed findings from the IAS 260 report, which communicates key findings arising from the audit of the Pension Fund Accounts.

Haringey Risk Register

The committee was scheduled to receive an update on the Pension Fund's risk register. This paper was prepared to provide an opportunity for the Pensions Committee and Board to further review the risk score allocation. The report outlined the risk scoring system, which assesses the potential impact and likelihood of identified risks, assigning a score from 1 (low impact, unlikely to occur) to 5 (high impact, very likely to occur). The RAG (Red-Amber-Green) rating system was to categorise the overall score for each risk. Key identified risks were scheduled for discussion, including regulatory non-compliance and maladministration, insufficient member knowledge, loss or corruption of scheme data due to system failure or cyber incidents, and poor investment governance and oversight.

Pension Fund Administration Update

An update on the Pension Fund's administration activities was scheduled for the committee. This was to include a Pension Fund membership update, detailing the number of active, pensioner, and deferred members as of 30 June 2026. An update on the Online Member Self Service portal was also scheduled, outlining the number of active members registered on the Engage Portal. The committee was to receive an update on Service Level Agreement (SLA) statistics, highlighting performance across various case types, with a particular focus on transfer cases which were noted as being below target due to resourcing challenges. An update on the collection of employer and employee contributions was also on the agenda, confirming that all expected payments and corresponding contribution schedules were accounted for. Finally, the committee was scheduled to review Internal Disputes Resolution Procedures (IDRPs), with one new case noted concerning an employer's delay in making an Occupational Health referral for an ill-health retirement assessment.

Pension Fund Quarterly Investment and Performance Update

The committee was scheduled to receive an update on the Pension Fund's performance for the quarter ended 30 June 2026. This report was to be presented by representatives from London CIV, the designated LGPS asset pool responsible for implementing the Fund's investment strategy. The report was to detail the Fund's value and performance against its benchmark, market conditions, strategic asset allocation, and the progress of the Investment Strategy Statement (ISS) implementation plan. Key themes discussed were expected to include global market performance, the impact of geopolitical tensions and the AI boom, and the performance of various asset classes including listed equities, credit, private equity, infrastructure, and property. The report was also to provide an overview of the Fund's responsible investment activities, including London CIV's TCFD report and shareholder engagement activities.

Pension Fund Training Strategy

An update regarding a Training Strategy was scheduled for consideration. This strategy was to outline the learning and development framework for Pensions Committee and Board Members (PCB) and Senior Fund Officers of the Haringey Pension Fund from October 2026 onwards. The strategy was to align with the Training Policy approved in July 2025 and be compliant with the Fit for the Future guidance. The report was to detail the recommended approach for training, covering areas such as pensions legislation, governance, funding, investment, administration, and risk management. The committee was to be asked to note the report and approve the training strategy.

Haringey Pension Fund Draft Annual Report 2025/26

The committee was scheduled to consider the Haringey Pension Fund Annual Report and unaudited accounts for 2025/26 for approval, subject to the successful completion of the external audit exercise. The report was to be divided into sections covering Management and Financial Performance, the Annual Statement of Accounts, Investment Policy and Performance, Scheme Administration, and the Actuary's Report. The committee was to be asked to approve the draft report for publication and delegate approval of any subsequent changes to the LGPS Senior Officer.

Fit For the Future Update

An overview of key legislative and regulatory changes affecting the Local Government Pension Scheme (LGPS) was scheduled for discussion. The Pension Schemes Act 2026, which received Royal Assent on 29 April 2026, was to be highlighted for its significant changes to governance, investment management, and oversight arrangements. The report was to provide an overview of the Fund's current position regarding compliance with these revised regulations, including the appointment of an LGPS Senior Officer and an Independent Person, and the development of governance-related strategies. The committee was to be asked to note the Fund's position and the actions being undertaken to achieve ongoing compliance.

Pension Fund Business Plan and Budget

The committee was scheduled to receive an update regarding the Haringey Pension Fund Business Plan and Budget for the financial year 2026/27. This report was to outline the key priorities for the Pension Fund for the year ahead, encompassing both business-as-usual activities and strategic initiatives. The budget for 2026/27 was to be presented, developed based on costs from the previous financial year and anticipated workflows. Officers were to provide quarterly budget updates and monitoring reports to support informed decision-making. The committee was to be asked to note the progress against the business plan and budget.

New Items of Urgent Business and Dates of Future Meetings

The agenda also included provisions for considering any late items of Urgent Business and noting the dates of future meetings, scheduled for 17 December 2026 and 9 March 2027.

Exclusion of the Press and Public

Items 20 and 21 of the agenda were scheduled to be subject to a motion to exclude the press and public, as they were likely to contain exempt information relating to financial or business affairs or legal professional privilege. These items were listed as Exempt Minutes and New Items of Exempt Urgent Business.