Decision details
Pooling Update
Decision Maker: Clwyd Pension Fund Committee
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
Decision:
a) The Committee approved the WPP objectives within the WPP Business Plan 2023/24 to 2025/26.
b) The Committee approved the updated Delegation of Functions to Officers to recognise WPP’s role in relation to investments within the pool and that Officer delegations are limited to investments outside of WPP, and to change the delegation for Voluntary Scheme Pays Policy to be consistent with other administration policies.
c) The Committee noted the update on other pooling matters.
d) The Committee received and noted the presentation from the WPP Operator and Investment Management Solution Provider.
Report author: Janet Kelly
Publication date: 12/09/2023
Date of decision: 21/06/2023
Decided at meeting: 21/06/2023 - Clwyd Pension Fund Committee
Accompanying Documents: