The Local Pension Board of Enfield Council met on Wednesday, 11th March 2026, to discuss a range of important topics concerning the administration, strategy, and financial health of the Enfield Pension Fund. Key agenda items included a review of the quarterly monitoring report on pensions administration performance, updates on the pension administration and communications strategies, and the approval of the Pension Board's work programme and budget for 2026-27. The meeting also covered the triennial valuation update, feedback from employers on the Funding Strategy Statement, and an update on the Local Authority Pension Fund Forum's (LAPFF) engagement activities.

Quarterly Monitoring Report of Pensions Administration Performance Targets and Indicators

The Board was scheduled to receive an update on the performance targets and indicators for pensions administration, which would include information from the risk register. This report aims to provide an overview of the current state of pensions administration within the Local Government Pension Scheme (LGPS).

Pension Administration Strategy

A review of the Pension Administration Strategy was scheduled for discussion. This strategy establishes a framework for the effective and efficient management of the Enfield Pension Fund's administration, outlining standards, procedures, and responsibilities to ensure compliance with legislation and best practices. The report presented an updated version of this strategy for the Board's consideration.

Communications Strategy

The Board was also set to review the Enfield Pension Fund's Communications Strategy. This policy aims to ensure that clear, accurate, and timely information is provided to all stakeholders, including scheme members and employers, promoting transparency and understanding of the Fund's operations and benefits.

Pension Board Work Programme, Budget, and Terms of Reference for 2026-27

A significant portion of the meeting was dedicated to the Pension Board's operational planning for the upcoming financial year. Members were asked to note the contents of the report detailing the proposed work programme, the Pension Fund's budget for 2026-27, and the Board's terms of reference. The Board was also expected to approve the work programme for 2026/27 and provide any comments on the Pension Fund budget.

Triennial Valuation Update, Funding Strategy Statement, and Employer Feedback

The Board was scheduled to receive an update on the triennial valuation of the pension fund, which assesses its financial health. This included a review of the Funding Strategy Statement (FSS) and feedback received from participating employers, such as Southgate School and Ivy Learning Trust, regarding their contribution rates and the Fund's overall funding approach. The report aimed to provide an overview of the valuation results and the rationale behind the proposed employer contribution rates.

LAPFF Quarterly Update

An update on the activities of the Local Authority Pension Fund Forum (LAPFF) was scheduled for discussion. This report provides details on LAPFF's company engagements concerning Environmental, Social, and Governance (ESG) issues for the quarter ending December 2025. LAPFF engages with companies to promote corporate social responsibility and high standards of corporate governance.

Pooling Update

A verbal update was scheduled to be provided to the Board regarding the ongoing process of asset pooling within the LGPS. This initiative aims to consolidate assets from various pension funds to achieve economies of scale and improve investment efficiency.

Training Update

A brief update on training activities for Board members was also on the agenda.

Minutes of the Pension Policy & Investment Committee (PPIC)

The Board was scheduled to note the draft minutes from the Pension Policy & Investment Committee meeting held on 19th November 2025. This would provide insight into the decisions and discussions of the committee responsible for the management of the Pension Fund.