Delegated decisions linked to this meeting

Decision summaries below are AI-generated from the council’s published record. Check the council source or the full decision page before relying on them.

• Independent Investment Adviser - Strategic Objectives Review

  Recommendations Approved

  ...to determine the outcomes of the performance review of the Independent Investment Advisers against the fund's strategic objectives.

  Council website ↗

• Independent Investment Adviser - Contract Extension

  Recommendations Approved

  ...to extend the contract for the Independent Investment Adviser by 16 months.

  Council website ↗

• Risk Register

  Recommendations Approved

  ...to note and approve changes to the risk register.

  Council website ↗

• Exclusion of Press and Public

  Recommendations Approved

  Council website ↗

• 2025/26 Programme of meetings

  Recommendations Approved

  Council website ↗

• 2025 Valuation Process and Timetable

  Recommendations Approved

  ...to approve the timetable for the 2025 triennial valuation process of the Lancashire County Pension Fund, which will determine future employer contribution rates.

  Council website ↗

• Local Pensions Partnership Administration Update

  Recommendations Approved

  ...to approve the recommendations following an update on administration performance for Q2 2024/25 and other administration matters.

  Council website ↗

• Budget Monitoring 2024/25 - Q2

  Recommendations Approved

  ...to determine the Budget Monitoring report as at 30.09.2024 for 2024/25 - Q2.

  Council website ↗

• Terms of Reference for the Pension Fund Committee

  Recommendations Approved

  ...to determine the Terms of Reference for the Pension Fund Committee as part of the Lancashire County Council Constitution review.

  Council website ↗

• Minutes of the last meeting.

  Recommendations Approved

  ...the recommendations presented to the Committee were approved.

  Council website ↗

• LGPS - Fit for the Future Consultation

  Recommendations Approved

  ...to approve the recommendations related to the government's LGPS Fit for the Future Consultation.

  Council website ↗

• Investment Panel Report

  Recommendations Approved

  ...to determine the next steps regarding matters considered by the Investment Panel since the last report to the Committee.

  Council website ↗

• Investment Performance Report

  Recommendations Approved

  ...to determine the actions needed based on the Investment Performance Report, which summarized the fund's performance up to March 2024 and included a macro update.

  Council website ↗

• Local Pensions Partnership - Shareholder Update

  Recommendations Approved

  ...to make a determination regarding an update on Local Pensions Partnership activities from a shareholder perspective.

  Council website ↗

• Pension related training for members of the Pension Fund Committee.

  Recommendations Approved

  ...to determine an update on pension-related training for members of the Pension Fund Committee since the last meeting.

  Council website ↗

• Responsible Investments Report

  Recommendations Approved

  ...to note and comment on the Lancashire County Pension Fund's progress on responsible investment, as detailed in the Responsible Investments Report, for determination.

  Council website ↗

Attendees

Councillor County Steve Rigby Conservative

County Ron Woollam  Conservative

County Joan Burrows  Conservative

County Jeff Couperthwaite  Conservative

County Charles Edwards  Conservative

County Frank De Molfetta  Labour

Councillor County Matthew Brown Labour and Co-operative Party

Councillor County Mark Clifford Labour

County John Fillis  Labour

Councillor County Gina Dowding Green

County Alan Schofield  Conservative

County Eddie Pope  Conservative

Topics

No topics have been identified for this meeting yet.

Meeting Documents