The Pensions Committee of Staffordshire Council scheduled a meeting to discuss the Staffordshire Pension Fund's SPF's investment performance, annual reports, and policies. Councillors were expected to review the fund's performance, stewardship activities, and cybersecurity measures, as well as a policy concerning conflicts of interest. The committee was also scheduled to discuss the Independent Scrutiny and Assurance Services (ISS).

Staffordshire Pension Fund Investment Performance

The committee was scheduled to review the SPF's investment performance for the year 2024-25. A presentation by Northern Trust ¹ was included in the agenda pack, with details of investment performance.

Annual Report and Accounts

The agenda included a discussion of the Pension Fund Annual Report and Accounts for 2024-25. This report provides an overview of the fund's financial activities and performance over the past year.

Annual Stewardship Report

The Staffordshire Pension Fund Annual Stewardship Report 2024-25 was scheduled to be discussed. Stewardship refers to the responsible management of investments, including engaging with companies on environmental, social, and governance (ESG) issues. The draft report was included as an appendix to the agenda item.

Independent Scrutiny and Assurance Services (ISS)

The committee was scheduled to discuss the final Independent Scrutiny and Assurance Services (ISS) report. The ISS provides an independent assessment of the fund's governance and operations. The final ISS report for 2025-26 was included as an appendix.

Cyber Security Strategy

The agenda included a review of the Cyber Security Strategy for the SPF. This strategy outlines the measures in place to protect the fund's data and systems from cyber threats. The SPF Cyber Security Strategy - September 2025 was included as an appendix.

Conflicts of Interest Policy

The committee was scheduled to discuss the Conflicts of Interest Policy. This policy aims to ensure that decisions are made in the best interests of the pension fund and its members, without being influenced by personal interests. The Conflicts of Interest Policy was included as an appendix.