Issue - meetings
Investment and Funding Update
Meeting: 16/02/2017 - Clwyd Pension Fund Committee (Item 58)
58 Investment and Funding Update 
PDF 104 KB
To provide Committee Members with an update of
investment and funding matters for the Clwyd Pension Fund
Additional documents:
- Business Plan, item 58
PDF 111 KB
- Delegated responsibilities, item 58
PDF 86 KB
- Risk Register, item 58
PDF 102 KB
Decision:
The Committee considered and noted the update and next steps.
Minutes:
Mrs Fielder (Pensions Finance Manager) gave an investment and funding update on the Business Plan 2016/17, currents development and news, funding and investment related policy and delegated responsibilities.
The main points highlighted were:
· Actuarial valuation – this needs to be finished by the 31 March and the final Funding Strategy Statement will be tabled at the March committee. Officers are currently liaising with employers to confirm final contribution rates for 2017/20.
· The AVC review will be finished by the end of March and the next steps will be communicated at the next meeting.
· Investment Strategy Statement work has commenced and the proposed statement will be brought to the meeting in March.
· The delegated responsibilities and actions taken were noted in para 1.07.
RESOLVED
(a) The committee considered and noted the update and next steps.