NEW, Pension Committee
Tuesday, 5th November, 2019 10.00 am

Venue: Council Chamber, Town Hall, Katharine Street, Croydon CR0 1NX. View directions

Contact: Annette Wiles 020 8726 6000 x 64877  Email:

No. Item


Apologies for Absence

To receive any apologies for absence from any members of the Committee.



Minutes of the Previous Meeting pdf icon PDF 96 KB

To approve the minutes of the meeting held on 17 September 2019 as an accurate record.


Disclosure of Interests

In accordance with the Council’s Code of Conduct and the statutory provisions of the Localism Act, Members and co-opted Members of the Council are reminded that it is a requirement to register disclosable pecuniary interests (DPIs) and gifts and hospitality to the value of which exceeds £50 or multiple gifts and/or instances of hospitality with a cumulative value of £50 or more when received from a single donor within a rolling twelve month period. In addition, Members and co-opted Members are reminded that unless their disclosable pecuniary interest is registered on the register of interests or is the subject of a pending notification to the Monitoring Officer, they are required to disclose those disclosable pecuniary interests at the meeting. This should be done by completing the Disclosure of Interest form and handing it to the Democratic Services representative at the start of the meeting. The Chair will then invite Members to make their disclosure orally at the commencement of Agenda item 3. Completed disclosure forms will be provided to the Monitoring Officer for inclusion on the Register of Members’ Interests.



Urgent Business (if any)

To receive notice of any business not on the agenda which in the opinion of the Chair, by reason of special circumstances, be considered as a matter of urgency.



Review of the Investment Strategy Statement pdf icon PDF 108 KB

For Members to review and approve the approach being taken to the revision of the Investment Strategy Statement.


The Investment Consultancy and Fiduciary Management Market Investigation Order 2019 pdf icon PDF 70 KB

For Members to provide a delegation in relation to the provision of Investment Consultancy Service as required by the Investment Consultancy and Fiduciary Management Market Investigation Order 2019.


Report back from the Pension Board

For Committee Members to receive a verbal update on the Pension Board meeting held on 17 October 2019, supported by the Board’s Independent Chair.


Exclusion of the Press and Public

The following motion is to be moved and seconded where it is proposed to exclude the press and public from the remainder of a meeting:


“That, under Section 100A(4) of the Local Government Act, 1972, the press and public be excluded from the meeting for the following items of business on the grounds that it involves the likely disclosure of exempt information falling within those paragraphs indicated in Part 1 of Schedule 12A of the Local Government Act 1972, as amended.”


Part B


Minutes (Part B) of the Previous Meeting

To approve the minutes (Part B) of the meeting held on 17 September 2019 as an accurate record.



Investing in a Time of Climate Crisis

For Committee Members to undertake training on the key issues related to investments and climate change.


Scenario Analysis

For Committee Members to receive training on the potential impact on investments of a range of geo-political factors.