Agenda

Venue: This will be a Virtual Meeting. For the joining instructions please contact the Clerk for further details.

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

Note: To be conducted in line with The Local Authorities and Police and Crime Panels (Coronavirus) (Flexibility of Local Authority and Police and Crime Panel Meetings) (England and Wales) Regulations 2020: To see the live stream, copy and paste this link into your browser:https://teams.microsoft.com/l/meetup-join/19%3ameeting_OTk0M2Y0ZjctYjQ0YS00ZmYxLTk1MmEtMTMyODE3MGM1OTVh%40thread.v2/0?context=%7b%22Tid%22%3a%228da13783-cb68-443f-bb4b-997f77fd5bfb%22%2c%22Oid%22%3a%223d9c340a-0429-4b53-a982-1317fcf719c1%22%2c%22IsBroadcastMeeting%22%3atrue%7d 

Items
Note No. Item

PART I - OPEN COMMITTEE

1.

Apologies for Absence

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2.

Minutes

Minutes of the meeting held on 27 November 2020, previously circulated

 

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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 208 KB

Minutes of the Devon Pension Board meeting held on 22 January 2021, attached

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5.

Brunel Oversight Board pdf icon PDF 498 KB

Minutes of the Brunel Oversight Board meeting held on 3 December 2020, attached

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6.

Investment Management Report pdf icon PDF 3 MB

Report of the County Treasurer (CT/21/21), attached

 

 

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7.

Treasury Management Strategy 2021/22 pdf icon PDF 157 KB

Report of the County Treasurer (CT/21/22), attached

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8.

Investment Strategy Statement pdf icon PDF 8 MB

Report of the County Treasurer (CT/21/23), attached

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9.

Private Markets Investments pdf icon PDF 96 KB

Report of the County Treasurer (CT/21/24), attached

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10.

Employer Changes

(a)       New Admitted Body - The following application for admitted body status has been approved since the last meeting of the Committee:

           Direct Cleaning Services began a contract for cleaning services at Exmouth Community College on 07/08/2020 - closed agreement.

 

(b)       New Academy conversions and changes.

           St Peters CofE Primary School, Plymouth joined St Christopher’s Academy Trust – 01/04/2020 (late notification).

           South Devon UTC joined to Education South West – 01/01/2021.

           Inspiring School Partnership joined Greenshaw Learning Trust – 01/01/2021.

           All Saints Academy Plymouth joined Ted Wragg Academy Trust – 01/01/2021

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11.

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 Faith Ward, Chief Responsible 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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12.

Dates of Future Meetings

18 June 2021, 17 September 2021, 26 November 2021 and 25 February 2022 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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13.

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.

 

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14.

Brunel Update: Business Plan and Reserved Matters Requests

Report of the County Treasurer (CT/21/25), attached

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15.

Brunel Pension Partnership - Transition of Assets

Report of the County Treasurer (CT/21/26), attached