The Pension Board is scheduled to review several key reports concerning the administration and investment of the Brent Pension Fund. Discussions are expected to cover the fund's administration strategy, updates on the Local Government Pension Scheme (LGPS), and investment performance.

Brent Pension Fund Administration Strategy

A report is scheduled to be presented for the Board's review regarding the Brent Pension Fund Administration Strategy. This strategy outlines how the pension fund's administration will be managed.

LGPS Update Report

The Board is expected to receive an update on recent developments within the Local Government Pension Scheme (LGPS) regulatory environment. This report will also cover any recent consultations that could significantly impact the Fund. Additionally, an update on the provision of the LGPS Online Learning Facility is scheduled to be provided. The LGPS is a defined benefit occupational pension scheme for local government employees in the United Kingdom. ¹

Pensions Administration Update

This report is intended to provide the Pension Board with an update on various pension administration matters, aligning with the Board's remit to oversee the administration of the Brent Pension Fund.

Investment Monitoring Report - Q2 2026

The Board is scheduled to receive the Brent Pension Fund Q2 2026-27 Investment Monitoring Update Report. This report will provide an overview of the fund's investment performance during the second quarter of the 2026-27 financial year. An appendix containing Fund Manager performance ratings is classified as exempt information and will not be published. ²

Presentation from London CIV

A presentation from London CIV is scheduled to be delivered to the Board. This presentation will cover progress on the implementation of Fit for Future requirements, alongside updates on Governance & Engagement, Responsible Investment, and Local Investment. The London CIV (Collective Investment Vehicle) is an organisation that pools assets from various Local Government Pension Funds to achieve economies of scale and improve investment outcomes. ³ A London CIV Quarterly Performance Report ending December 2025 is also to be provided to members.

Brent Pension Fund: Annual Report and Accounts 2025-26

The Board is scheduled to review the Brent Pension Fund's Annual Report and Accounts for the year ending 31 March 2026. This document provides a comprehensive financial overview of the fund's activities for the past fiscal year.

Investment Strategy Statement

An update on the Investment Strategy Statement is scheduled to be presented to the Board. This statement outlines the long-term objectives and approach for investing the Brent Pension Fund's assets.

Risk Register

The Board is expected to review the updated Risk Register for the Brent Pension Fund Administration Service. This document identifies and assesses potential risks to the administration of the fund.

Appointment of an Independent Person and LGPS Senior Officer

This report is scheduled to outline proposals for the appointment of an independent person to support the Council's pensions functions, in accordance with Regulation 53A of the LGPS Regulations 2013. It will also provide an update on the requirement to appoint a LGPS Senior Officer.

LAPFF Engagement Report

The Board is to be presented with an update on engagement activities undertaken by the Local Authority Pension Fund Forum (LAPFF) on behalf of the Fund. The LAPFF works to promote responsible investment practices among local authority pension funds.

Training Update

A report on training is scheduled to be presented to the Board.