Councillor Mark Clifford

Council: Lancashire

Committees: Pension Fund Committee (Co-Optee Voting)

Activity Timeline

Meetings Attended Note this may include planned future meetings.

5 meetings

Pension Fund Committee Co-Optee Voting

Pension Fund Committee - Friday, 23rd January, 2026 2.00 pm

The Pension Fund Committee of Lancashire County Council met on Friday, 23rd January 2026, to discuss key parameters for the 2025 valuation of the pension fund. The committee ultimately resolved to approve a funding strategy statement with a 115% funding buffer and a 20-year recovery period, resulting in a provisional average employer contribution rate of 9.1%.

January 23, 2026, 2:00 pm
Pension Fund Committee Co-Optee Voting

Pension Fund Committee - Friday, 12th December, 2025 10.30 am

The Lancashire County Council Pension Fund Committee was scheduled to meet on 12 December 2025 to discuss pension-related training for committee members, budget monitoring for the 2025/26 financial year, and responsible investment activity. Also on the agenda was an update on the Funding Strategy Statement consultation, and the Local Pensions Partnership Annual Report and Accounts for 2024/25. Some items, including updates on the Lancashire County Pension Fund (LCPF) Strategic Plan 2024/25, Local Pensions Partnership Administration (LPPA), risk register, shareholder and investment performance, and the appointment of an independent investment advisor, were scheduled to be discussed in Part II of the meeting, which was not open to the press or public.

December 12, 2025
Pension Fund Committee Co-Optee Voting

Pension Fund Committee - Friday, 19th September, 2025 10.30 am

The Lancashire County Council Pension Fund Committee met to discuss responsible investment, review the draft funding strategy statement, and address an urgent matter regarding the McCloud remedy[^2] and reporting requirements. The committee also reviewed pension-related training for its members and the Pension Fund Annual Report 2024/25.

September 19, 2025
Committee

Lancashire Waste Partnership - Thursday, 21st November, 2024 10.00 am

November 21, 2024
Committee CANCELLED

Lancashire Waste Partnership - Thursday, 25th July, 2024 10.00 am

This meeting has been cancelled.

July 25, 2024

Decisions from Meetings

16 decisions ยท Page 1 of 4

Investment Panel Update

From: Pension Fund Committee - Friday, 12th December, 2025 10.30 am - December 12, 2025

...to approve the recommendations presented in an update on the Investment Panel's business from their September and October 2025 meetings.

Recommendations Approved

Investment Performance Update Report

From: Pension Fund Committee - Friday, 12th December, 2025 10.30 am - December 12, 2025

...to approve the recommendations presented in the Investment Performance Update Report, which provided an overview of investment matters, key themes, and the macro-economic outlook with headline performance.

Recommendations Approved

Appointment of an Independent Investment Adviser to the Pension Fund

From: Pension Fund Committee - Friday, 12th December, 2025 10.30 am - December 12, 2025

...to approve the recommendation for the appointment of an independent Investment Adviser to the Pension Fund, as Ms Marian George's contract was nearing its end.

Recommendations Approved

Investments In Occupied Territories (Israel)

From: Pension Fund Committee - Friday, 12th December, 2025 10.30 am - December 12, 2025

...to approve recommendations regarding investments in occupied territories following a prior request.

Recommendations Approved

Summary

Meetings Attended: 5

Average per Month: 0.3

Decisions Recorded: 16