Issue - meetings
Investment and Funding Update
Meeting: 20/02/2019 - Clwyd Pension Fund Committee (Item 50)
50 Investment and Funding Update 
PDF 113 KB
To provide Committee Members with an update of
investment and funding matters for the Clwyd Pension
Fund.
Additional documents:
- Enc. 1 for Investment and Funding Update, item 50
PDF 66 KB
- Enc. 2 for Investment and Funding Update, item 50
PDF 189 KB
- Enc. 3 for Investment and Funding Update, item 50
PDF 109 KB
- Enc. 4 for Investment and Funding Update, item 50
PDF 15 KB
- Enc. 5 for Investment and Funding Update, item 50
PDF 124 KB
Decision:
(a) That the Committee considered and noted the update for delegated responsibilities and provided any comments.
(b) The Committee noted the timescales for the 2019 valuation plan and understand the areas that will require Committee approval.
Minutes:
Mrs Fielder highlighted the main areas which are the delegated responsibilities and the transition of assets into the pool. There were cashflow requirements in December 2018 and so the Fund have redeemed £10m back from the collateral within the Insight mandate. Cashflow continues to be monitored.
Mrs Fielder also noted the Committee to the 2019 actuarial valuation plan and timescales.
The Chairman thanked Mrs Fielder and her team for continuing to manage the section whilst they have ongoing vacancies.
RESOLVED:
(a) That the Committee considered and noted the update for delegated responsibilities and provided any comments.
(b) The Committee noted the timescales for the 2019 valuation plan and understand the areas that will require Committee approval.