Issue - meetings

Supplier Contracts

Meeting: 23/11/2022 - Clwyd Pension Fund Committee (Item 33)

Supplier Contracts

To ask Committee Members to approve extensions to various Fund contracts and to provide an update on Link Fund Solutions Limited.

Additional documents:

Decision:

LOCAL GOVERNMENT (ACCESS TO INFORMATION) ACT 1985 – TO CONSIDER THE EXCLUSION OF THE PRESS AND PUBLIC

RESOLVED

That the press and public be excluded for the remainder of the meeting for the following items by virtue of exempt information under paragraph(s)14 of Part 4 of Schedule 12A of the Local Government Act 1972 (as amended).

 

(a)  The Committee extended the contract with Aon until 31 March 2025.

(b)  The Committee extended the contract with Mercer until 31 March 2025.

(c)   The Committee agreed to continue the contract with Heywood on a 12 month rolling basis until February 2028.

(d)  The Committee noted and discussed the update on Link Fund Solutions.

 

Minutes:

Due to conflicts of interest, representatives of Mercer and Aon left the meeting and re-joined from paragraph 1.09. This item of the agenda was presented and discussed.

 

RESOLVED

(a)          The Committee extended the contract with Aon until 31 March 2025.

(b)          The Committee extended the contract with Mercer until 31 March 2025.

(c)           The Committee agreed to continue the contract with Heywood on a 12 month rolling basis until February 2028.

(d)          The Committee noted and discussed the update on Link Fund Solutions.