Decision details
Funding and Flight Path Update
Decision Maker: Clwyd Pension Fund Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decision:
(a) The Committee noted the updated funding and hedging position for the Fund and the progress being made on the various elements of the Risk Management Framework.
(b) The Committee noted the LDI strategy is in the process of being restructured in order to crystallise the positive mark-to-market gain.
(c) The Committee noted that the Officers are working with their advisors in order to identify possible areas to invest the £100m cash that may be released due to the overall positive performance of the flightpath framework.
Report author: Janet Kelly
Publication date: 28/01/2019
Date of decision: 05/09/2018
Decided at meeting: 05/09/2018 - Clwyd Pension Fund Committee
Accompanying Documents:
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