The Pension Committee of Waltham Forest Council met on Wednesday 24 September 2025 to discuss a range of issues, including a presentation from Mercer on private markets, a pension administration services update, and a pension performance update. The committee was also scheduled to review the draft pension annual report and accounts for 2024/25.

Draft Pension Annual Report and Accounts 2024/25

The committee was scheduled to discuss the draft pension annual report and accounts for 2024/25. The report includes several appendices:

• Appendix 1: Unaudited Statement of Accounts 2024-25 Pension Fund
• Appendix 2: Waltham Forest ISS_clean 06.25 - Waltham Forest's Investment Strategy Statement
• Appendix 3: London Borough of Waltham Forest Pension Fund - 31 March 2022 FSS - Final - a fund strategy statement from 2022
• Appendix 6: LBWFPF - Draft Risk Register November 24 - a draft risk register from November 2024
• Appendix 7: Pensions Administration Strategy 2023-24

Pension Administration Services Update

The committee was scheduled to receive an update on pension administration services. The Administration Report September 25 includes Service Performance Statistics Q1 June 25.

Pension Performance Update

The committee was scheduled to receive a pension performance update. The Pension Expenses and Performance Report September 25 was provided for discussion.

Training Report

The committee was scheduled to discuss a training report. The Training Summery Report Sept 25 includes a Hymans online training Summary September 2025.

Risk Report

The committee was scheduled to discuss a risk report.

Action Tracker

The committee was scheduled to review the Pension Committee Action Tracker_Sept25.