The Pensions Fund Committee of West Northamptonshire Council met on Tuesday 21 July 2026 to review the draft statement of accounts for the 2025-26 financial year, discuss the annual investment review, and consider the investment strategy statement.

Draft Statement of Accounts 2025-26

The committee was scheduled to review the draft Statement of Accounts for the Northamptonshire Pension Fund for the 2025-26 financial year. The report indicated that the Fund's assets had risen to £4,022.7 million, reflecting positive investment performance during the year, with a net increase of £274.5 million. Despite increases in benefit payments and management expenses, the Fund remained cash flow positive, with contribution income (£161.3 million) exceeding benefit outgoings (£137.6 million). The report recommended that the committee note the contents of the draft statement.

Annual Investment Review

A significant portion of the meeting was dedicated to the Annual Investment Review, detailed in a report covering pages 55 to 88 of the public reports pack. This review would have provided an overview of the fund's investment performance over the past year.

Annual Investment Consultancy Provider Review

The committee was also scheduled to consider the Annual Investment Consultancy Provider Review, outlined in pages 89 to 112 of the public reports pack. This would have involved an assessment of the performance and services provided by the fund's investment consultancy providers.

Investment Strategy Statement

The Investment Strategy Statement, detailed across pages 113 to 144 of the public reports pack, was also on the agenda. This document would have outlined the overarching strategy for managing the Pension Fund's investments, including its objectives, risk tolerance, and asset allocation.

Appointment to the Investment Sub-Committee

The committee was scheduled to discuss the appointment of members to the Investment Sub-Committee.

Other Business

The agenda also included the confirmation of the minutes from the previous meeting held on 10 June 2026, and an action log to track outstanding tasks. The committee was also to consider any urgent business that the Chair had agreed to admit to the agenda.

It is important to note that the information available only details what was scheduled to be discussed. The actual discussions, decisions made, or outcomes of the meeting are not publicly available.