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Pension Board - Thursday 18 December 2025 10:00 am

December 18, 2025 View on council website  Watch video of meeting

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Summary

The Pension Board of Kingston upon Thames Council was scheduled to convene on Thursday 18 December 2025 to review financial performance, investment strategies, and administrative updates for the Royal Borough of Kingston upon Thames Pension Fund. Key discussions were expected to centre on budget monitoring, investment strategy reviews, and the performance of the Shared Pensions Administration Service.

Pension Administration Performance Update

The board was scheduled to receive an update on the key administration activities undertaken by the Shared Pensions Administration Service. This update, detailed in Pension Administration Performance Update, would likely cover the operational aspects of managing the pension fund's administration. An annex, Pension Administration Performance Update - Annex A, was also listed, suggesting further detailed information would be provided.

Pension Administration Projects Update

An update on the key projects managed by the Shared Pensions Administration Service was also on the agenda. This discussion, supported by Pension Administration Projects Update and Annex A - Pension Administration Projects Update, would likely focus on ongoing initiatives and their progress.

Governance and Risk Update

The board was set to review the Fund's risk register and receive an update on key governance activities. The Governance and Risk Update, along with its annexes Annex A - Governance Risk Update and Annex B - Governance Risk Update, would provide insights into the management of risks and the overall governance framework of the pension fund.

Budget Monitoring

A review of the Royal Borough of Kingston Pension Fund's finances was scheduled, focusing on the final outturn against the budget for 2024-25 and a mid-year update for the 2025-26 budget. The document Budget Monitoring - 2024-25 Outurn vs Budget 2025-26 Six Month Update would present this financial information.

Investment Strategy Review

The board was invited to consider a report on the outcome of the Investment Strategy Review, which followed the 2025 Triennial Valuation for the Royal Borough of Kingston upon Thames Pension Fund (RBK PF). This review, detailed in Investment Strategy Review, would include the revised Investment Strategy Statement (ISS).

Review of the Pension Fund Panel

The agenda also included a review of the work of the Pension Fund Panel, with a summary of investment-related papers presented to the panel in December 2025. This item was supported by Review of RBK Pension Panel.

The meeting was scheduled to take place at the Guildhall, Kingston upon Thames, and was open to the public. Attendees included Robert Ewing, Chair and Employer Representative from Kingston University; Councillor Jackie Davies; Sandeep Bajwa, Employer Representative from Achieving for Children; Sam Burgess, Scheme Member Representative from Kingston Council; Pauline Lyseight-jones, Scheme Member Representative for Retired Members; and Kala Agboola, Employer Representative from Kingston University. The meeting was also scheduled to be recorded and made available online.

Attendees

Profile image for Councillor Jackie Davies
Councillor Jackie Davies Liberal Democrat • Berrylands Ward

Topics

No topics have been identified for this meeting yet.

Meeting Documents

Agenda

Agenda frontsheet Thursday 18-Dec-2025 10.00 Pension Board.pdf

Reports Pack

Public reports pack Thursday 18-Dec-2025 10.00 Pension Board.pdf

Minutes

Printed minutes Thursday 18-Dec-2025 10.00 Pension Board.pdf

Additional Documents

4. Pension Administration Performance Update_ Pension Board _ 20251218.pdf
4a. Pension Administration Performance Update - Annex A_ Pension Board _ 20251218.pdf
5. Pension Administration Projects Update_ Pension Board _ 20251218.pdf
5a. Annex A - Pension Administration Projects Update - Pension Board - 20251218.pdf
6. Governance and Risk Update_ Pension Board _ 20251218.pdf
6a. Annex A - Governance Risk Update - Pension Board - 20251218.pdf
6b. Annex B - Governance Risk Update - Pension Board - 20251218.pdf
7 Review of RBK Pension Panel - Pensions Board - 18th December 2025.pdf
8. Budget Monitoring - 2024-25 Outurn vs Budget 2025-26 Six Month Update.pdf
7 Review of RBK Pension Panel - Pensions Board - 18th December 2025.pdf
7. Work Programme Update_ Pension Board _ 20251218.pdf