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Pensions Committee - Thursday, 18th September, 2025 10.30 am

September 18, 2025 View on council website

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Summary

The Pensions Committee of Cornwall Council met on Thursday 18 September 2025 to discuss the Cornwall Pension Fund, updates from the Brunel Pension Partnership, and local government pension scheme pooling. Part of the meeting was scheduled to be held with the press and public excluded, due to the discussion of information relating to financial or business affairs.

Cornwall Pension Fund Business Update

The committee was scheduled to discuss the Cornwall Pension Fund in two parts.

Part 1 - Investments

The first part of the discussion on the Cornwall Pension Fund was scheduled to focus on investments. The agenda included three appendices for the discussion:

Part 2 - Investments

The second part of the Cornwall Pension Fund discussion was also scheduled to focus on investments, but was scheduled to be held with the press and public excluded. According to the agenda, this was because:

Information relating to the financial or business affairs of any particular person (including the authority holding that information)

was likely to be disclosed.

Brunel Pension Partnership Update

The committee was scheduled to receive an update on the Brunel Pension Partnership1. The agenda included a report and an appendix for this item:

Local Government Pension Scheme Pooling

The agenda included a discussion on local government pension scheme pooling2. Part 2 of this discussion was scheduled to be held with the press and public excluded.


  1. The Brunel Pension Partnership is a collaboration of ten local government pension funds, pooling their investments to reduce costs and improve investment outcomes. 

  2. Local Government Pension Scheme (LGPS) pooling involves local authorities combining their pension funds into larger investment pools to achieve economies of scale and improve investment efficiency. 

Attendees

Profile image for Mike Thomas
Mike Thomas  Independent
Profile image for Mark Burnett
Mark Burnett  Liberal Democrat
Profile image for James Ball
James Ball  Independent
Profile image for Debra Clegg
Debra Clegg  Labour & Cooperative Party
Profile image for Damon Dennis
Damon Dennis  Liberal Democrat
Profile image for Joanna Kenny
Joanna Kenny  Liberal Democrat
Profile image for Sean Smith
Sean Smith  Reform UK

Topics

No topics have been identified for this meeting yet.

Meeting Documents

Agenda

Agenda frontsheet 18th-Sep-2025 10.30 Pensions Committee.pdf

Reports Pack

Public reports pack 18th-Sep-2025 10.30 Pensions Committee.pdf

Additional Documents

Minutes of Previous Meeting.pdf
20250918 - Pensions - Cornwall Pension Fund Update Investments Part 1 - Appendix 1 - PUBLIC.pdf
20250918 - Pensions - Cornwall Pension Fund Update Investments Part 1 - Report - PUBLIC.pdf
20250918 - Pensions - Cornwall Pension Fund Update Investments Part 1 - Appendix 2 - PUBLIC.pdf
20250918 - Pensions - Brunel Pension Partnership Update - Appendix 1- PUBLIC.pdf
20250918 - Pensions - Cornwall Pension Fund Update Investments Part 1 - Appendix 3 - PUBLIC.pdf
20250918 - Pensions - Brunel Pension Partnership Update - Report - PUBLIC.pdf