Coral Baxter

Joint Pensions Committee

Agenda

This meeting considered a number of reports on the financial position of the Wandsworth Pension Fund, its investments, training policy, and a proposal for a new policy on reporting breaches.

Local Pension Board

Agenda

Joint Pensions Committee

Agenda

The committee discussed a consultation from the Department for Levelling Up, Housing & Communities on the future of the Local Government Pension Scheme in England and Wales. The committee approved the minutes of the previous meeting and noted the minutes of the Local Pension Board. The committee also approved, with minor amendments, the Wandsworth Pension Fund communication policy.

Local Pension Board

Agenda

This meeting included several reports on the work that has been done since the last meeting, including the approval of the 2023/24 accounts and the Pension Fund Annual Report, the Pension Discretions Policy and the training of the Joint Pensions Committee. It also included the consideration of reports on risk management, pension administration, ethical investment decisions, and a report on the matters discussed in a recent meeting of the Joint Pensions Committee.

Joint Pensions Committee

Agenda

The committee received a petition from Wandsworth Friends of Palestine requesting that the council divest from companies that invest in Israel. After hearing from the petitioners and officers, it was decided to ask officers to evaluate options for responding to the petition and report back to a future meeting. The committee also reviewed the Pension Fund Annual Report, quarterly investment performance report, and received an update on several general matters including the pooling of bond investments and the proposed merger of the Nuveen UKPF fund.