Agenda item

Pension Fund Policy Documents - Funding Strategy Statement (FSS) and Statement of Investment Principles (SIP)

Minutes:

Consideration was given to the report of the Corporate Director, Resources which informed Members of the review of the FSS and SIP for the year ended 31 March 2015 (for copy see file of Minutes).

 

Hilary Appleton reported that the SIP reflected the appointment of a new Investment Manager for the Dynamic Asset Allocation part of the Fund.

 

The FSS document was currently being updated and would be reported to the next meeting of the Committee before going out to consultation.

 

 

Resolved:

 

That

 

i)             the contents of the revised SIP be approved;

 

ii)            consultation be delayed until the FSS was fully updated.

Supporting documents: