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Summary
Here's a brief overview of the upcoming Hackney Council meeting. Councillors are scheduled to discuss the Future Shoreditch Area Action Plan, a motion on rent controls, and the annual report of the Pensions Committee. They will also consider the gender and ethnicity pay gap, and various appointments.
Future Shoreditch Area Action Plan
The council is scheduled to discuss the Future Shoreditch Area Action Plan Proposed Submission Version. The Shoreditch area has been subject to rapid change, particularly from the expansion of the City of London. The council has been developing the Area Action Plan to manage development in the area.
The report pack includes the Area Action Plan as an appendix, and an Integrated Impact Assessment.
Hackney Needs Rent Controls
Councillors are scheduled to discuss a Labour motion entitled Hackney Needs Rent Controls, as well as joint amendments to the motion. Rent controls are measures that limit the amount landlords can charge for rent. The Labour Party has previously called for giving councils the power to introduce rent controls.
Annual Report of the Pensions Committee 2024/25
The council is scheduled to consider the Annual Report of the Pensions Committee 2024/25. According to the report, the Pensions Committee is responsible for managing all aspects of the Pension Fund, including investment, administration and governance. Councillor Kam Adams, Chair of the Pensions Committee notes in the report that the fund has made excellent progress on its environmental, social and governance objectives.
The report provides an overview of the work undertaken by the committee during the year, including:
- Governance and Administration: The committee is scheduled to note that the administration team managed the contract with Equiniti, a third party administrator. The committee also delegated duties in respect of pension administration services to the Local Pension Partnership Administration (LPPA).
- Strategic Asset Allocation Review: The committee is scheduled to note that it has demonstrated robust evolution in responsible investment through allocations to sustainable equity mandates, sustainable illiquid mandates, impact property, and nature based solutions.
- LGPS Consultations and the London CIV: Councillor Robert Chapman, Vice Chair of the Pensions Committee, continues to sit on the Shareholder Committee of the London CIV during the year.
- Responsible Investment: The committee is scheduled to note that the Fund remains a member of the Local Authority Pension Fund Forum (LAPFF), which enables Local Authority funds to act collectively to apply pressure to management of companies to improve their governance standards.
- Triennial Valuation: The committee is scheduled to note that 2025 is a triennial valuation year, and that the triennial valuation process ends in March 2026 with the issue of the Rates Adjustment certificate issued by the scheme actuary.
- Financial Monitoring including Annual Report and Accounts: The committee is scheduled to be presented with the 2024/25 Pension Fund Annual Report and Accounts for approval, pending completion of the audit.
Gender and Ethnicity Pay Gap 2025
The council is scheduled to discuss the Gender and Ethnicity Pay Gap 2025 Report. The gender pay gap is the difference between the average earnings of men and women. The ethnicity pay gap is the difference between the average earnings of people from different ethnic groups. The council is legally required to publish its gender pay gap data annually.
Other Matters
The council is also scheduled to discuss:
- Questions from members of the public.
- A Section 85 Local Government Act 1972 Resolution to Extend Six Month Rule. Section 85 of the Local Government Act 1972 relates to the vacation of office by reason of failure to attend meetings.
- Appointments to Committees.
- Appointments to Outside Bodies.
- Questions from members of the council.
Attendees
Topics
No topics have been identified for this meeting yet.
Meeting Documents
Agenda
Additional Documents