Agenda item

Consideration was given to the report of the Corporate Director, Resources which informed Members of the overall value of the Pension Fund as at 30 September 2014, and of any additional sums available to the Managers for further investment, or amounts to be withdrawn from Managers (for copy see file of Minutes).

Hilary Appleton, Strategic Finance Manager – Corporate Finance advised that no cash had been allocated because of the transition to the new Managers and normal fund re-balancing would resume in March 2015.

Resolved:

That the information given be noted.