Agenda

Venue: Committee Suite - County Hall

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

Items
Note No. Item

PART I - OPEN COMMITTEE

1.

Apologies for Absence

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2.

Minutes pdf icon PDF 85 KB

Minutes of the meeting held on 15 November 2019, attached.

 

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3.

Items Requiring Urgent Attention

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

 

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4.

Pension Board pdf icon PDF 326 KB

Minutes of the Devon Pension Board meeting held on 16 January 2020, attached.

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5.

Brunel Oversight Board pdf icon PDF 34 KB

Minutes of the Brunel Oversight Board meeting held on 21 November 2019, attached.

 

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6.

Investment Management Report pdf icon PDF 11 MB

Report of the County Treasurer (CT/20/24), attached.

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7.

Treasury Management Strategy 2020/21 pdf icon PDF 176 KB

Report of the County Treasurer (CT/20/25), attached.

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8.

Investment Strategy Statement pdf icon PDF 300 KB

Report of the County Treasurer (CT/20/26), attached.

Additional documents:

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9.

Funding Strategy Statement pdf icon PDF 249 KB

Report of the County Treasurer (CT/20/27), attached.

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10.

Pension Administration Strategy pdf icon PDF 6 MB

Report of the County Treasurer (CT/20/28), attached.

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11.

Internal Audit Report – Governance Arrangements pdf icon PDF 485 KB

Report of the County Treasurer (CT/20/29), attached.

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12.

Employer Changes - New admitted bodies

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

 

   Staff from Virgin Care transferred to the NHS on 1/4/2019 – closed agreement.

   Chulmleigh Academy outsourced their drivers to Street Coaches on 1/9/2019 – closed agreement.

   Torbay Council outsourced staff to Torbay Youth Trust on 1/2/2020 – closed agreement.

 

(b) New academy conversions and changes:

 

     Clawton Primary School joined Alumnis Trust - 1/10/2019.

     Princetown joined AnDaras Multi Academy Trust - 1/10/2019.

     Steiner Academy Exeter joined Avanti Hall School - 1/11/2019.

     Bere Alston Primary School joined First Federation - 1/12/2019.

     Sherford Vale School joined Westcountry Schools Trust - 1/12/2019.

     Otterton C of E Primary School joined Link Academy Trust - 1/12/2019.

     Drakes Primary School joined Link Academy Trust - 1/12/2019

     Estuaries Multi Academy Trust began 1/12/2019 – incorporating Newton Abbot College, Dawlish Community College and Starcross Primary School.

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13.

Annual Consultative Meeting with Staff and Retired Members

The Annual Consultative Meeting is being held in the afternoon following the Investment and Pension Fund Committee meeting, commencing at 2.15pm.

 

Presentations will be made by Mark Mansley, Chief Investment Officer at the Brunel Pension Partnership, Mark Gayler, Assistant County Treasurer, Daniel Harris, Head of Peninsula Pensions, and Cllr Colin Slade, Chair of the Devon Pension Board.

 

Members of the Committee are invited to attend.

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14.

Committee Training

Members are reminded of the training day that has been arranged for the Committee and Pension Board on Friday 6th March from 10am to 4pm at Exeter Racecourse.

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15.

Dates of Future Meetings

19 June 2020, 18 September, 27 November and 26 February 2021 (all at 10.30 am),

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

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16.

Exclusion of the Press and Public

Recommendation: that the press and public be excluded from the meeting for the following items of business under Section 100(A)(4) of the Local Government Act 1972 on the grounds that they involve 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.

 

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17.

Brunel Update and Reserved Matters Request

Report of the County Treasurer (CT/20/30), attached

Additional documents:

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18.

Brunel Pension Partnership - Transition of Assets

Report of the County Treasurer (CT/20/31), attached.