Agenda item

The Committee considered a report of the Corporate Director of Resources which briefed the Committee on developments in matters that were both LGPS specific, as well as providing an update on non-LGPS specific matters of interest (for copy see file of Minutes).

The Head of Pensions (LGPS) noted that the main significant issue was LGPS Consultation and was tabled as a separate agenda item.  He noted the report included appendices relating to a SAB Statement on Fiduciary Duty and dealing with lobbying as well as Counsel’s opinion on investments in Israel, given the current situation in Gaza.

Councillor M Porter noted it was good to see the GMP Rectification exercise had been completed and thanked the Team for all their hard work in that regard.

Resolved:

That the information contained in the report be noted.