{meta} Agenda for Investment and Pension Fund Committee on Friday, 15th June, 2018, 10.30 am

Agenda

Venue: Committee Suite - County Hall

Contact: Gerry Rufolo 01392 382299  Email: gerry.rufolo@devon.gov.uk

Items
No. Item

PART I - OPEN COMMITTEE

1.

Apologies for Absence

2.

Minutes pdf icon PDF 88 KB

Minutes of the meeting held on 23 February 2018, attached

 

3.

Items Requiring Urgent Attention

Items which in the opinion of the Chairman should be considered at the meeting as matters of urgency.

 

4.

Brunel Oversight Board pdf icon PDF 53 KB

Minutes of the Brunel Oversight Board meeting held on 22 March 2018, attached

5.

Internal Audit Report for 2017/18 and Internal Audit Plan for 2018/19 pdf icon PDF 209 KB

Report of the County Treasurer (CT/18/49) attached

6.

Training Review 2017/18 and Plan 2018/19 pdf icon PDF 192 KB

Report of the County Treasurer (CT/18/50) attached

7.

Investment Management Report pdf icon PDF 7 MB

Report of the County Treasurer (CT/18/51), attached

 

8.

Currency Hedging on Passive Equity Allocaton pdf icon PDF 111 KB

Report of the County Treasurer (CT/18/52), attached

 

9.

Forfeiture and Recovery of Overpayments pdf icon PDF 56 KB

Report of the County Treasurer (CT/18/55), attached

10.

Applications for Admitted Body Status

The following applications for admitted body status have been approved since the last meeting of the Committee:

 

(a) Devon County Council (Sidmouth College) has appointed Caterlink for the provision of catering services.  3 members of staff transferred on 1st April 2018.

 

(b) Devon County Council (King Edward VI school) has entered into a contract with Aspens for catering and cleaning services.  A total of 21 members of staff transferred on 1st April 2018.

 

(c) Devon County Council has appointed Action for Children to run the West Exe Children’s Centre.  8 members of staff transferred on 1st April 2018

 

(d) South Dartmoor Multi Academy Trust have entered into a contract with Compass for the provision of catering services. 21 members of staff transferred on 4th June 2018.

 

                                                                                      

11.

Dates of Future Meetings

The Committee will meet at 10.00am on Friday 14 September 2018, Friday 16 November 2018 and Friday 22 February 2019.

 

The County Council’s Calendar is available at:

 

http://democracy.devon.gov.uk/mgCalendarMonthView.aspx?GL=1&bcr=1

 

 

PART II - ITEMS WHICH MAY BE TAKEN IN THE ABSENCE OF PRESS AND PUBLIC ON THE GROUNDS THAT EXEMPT INFORMATION MAY BE DISCLOSED

12.

Exclusion of the Press and Public

Recommendation: that the press and public be excluded from the meeting for the following item of business under Section 100(A)(4) of the Local Government Act 1972 on the grounds that it involves the likely disclosure of exempt information as defined in Paragraph 3 of Schedule 12A of the Act, information relating to the financial or business affairs of an individual other than the County Council and, in accordance with Section 36 of the Freedom of Information Act 2000, by virtue of the fact that the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

 

13.

Transition of Assets to the Brunel Pension Partnership

Report of the County Treasurer (CT/18/53), attached

14.

Role of the Independent Advisor

Report of the County Treasurer (CT/18/54), attached