The Investment and Pension Fund Committee of Devon Council met on Friday 18 September 2026 to discuss the fund's performance, responsible investment strategies, and administrative updates. The meeting also included a report from the Devon Pension Board.

Fund and Investment Update

The committee was scheduled to receive an update on the Devon Pension Fund and its investments from Mark Gayler, Head of Pensions and Investments. This update would have provided information on the current state of the fund's financial performance and investment portfolio.

Managing Investment Responsibly

A key item on the agenda was the discussion of Managing Investment Responsibly, with a presentation from Frances Deakin of Local Pension Partnership Investments. This topic would have covered how the fund incorporates environmental, social, and governance (ESG) factors into its investment decisions. The report pack indicated that this discussion would likely touch upon the council's commitment to sustainable investment practices, which aligns with broader national and international trends in pension fund management.

Benefits Administration Update

Rachel Lamb from Peninsula Pensions was scheduled to provide an update on benefits administration. This would have covered the operational aspects of managing pension benefits for members, ensuring that the administrative processes are efficient and effective.

Pension Board Report

The committee was also set to receive a report from the Devon Pension Board, presented by Andy Bowman. The Pension Board acts as a scrutiny body for the Pension Fund, ensuring that the fund is managed in the best interests of its members. This report would have likely detailed the board's activities and findings over the preceding period.