Meeting documents
Dorset County Council Pension Fund Committee
Thursday, 21st November, 2013
Committee Information
Pension Fund Committee - 21/11/2013: 9:30:00
Offices of Pictet Asset Management, Moor House, Level 11, 120 London Wall, London, EC2Y 5ET
Offices of Pictet Asset Management, Moor House, Level 11, 120 London Wall, London, EC2Y 5ET
Committee Minutes Agenda Item | |
Agenda Details | |
| Item Number: | 1 |
| Status: | Public |
| Heading: | Apologies for Absence |
| Item: | To receive any apologies for absence. |
| Item Number: | 2 |
| Status: | Public |
| Heading: | Code of Conduct |
| Item: | Members are required to comply with the requirements of the Localism Act 2011 regarding disclosable pecuniary interests and you should therefore: Check if there is an item of business on this agenda in which you or a relevant person has a disclosable pecuniary interest. Inform the Secretary to the Joint Committee in advance about your disclosable pecuniary interest and if necessary take advice. Check that you have notified your interest to your own Council's Monitoring Officer (in writing) and that it has been entered in your Council's Register (if not this must be done within 28 days and you are asked to use a notification form available from the clerk). Disclose the interest at the meeting and in the absence of a dispensation to speak and/or vote, withdraw from any consideration of the item. Each Councils' Register of Interests is available on Dorsetforyou.com and the list of disclosable pecuniary interests is set out on the reverse of the form. |
| Item Number: | 3 |
| Status: | Public |
| Heading: | Minutes |
| Item: | To confirm the minutes of the meeting held on 9 September 2013 (attached). |
| Reports and Attachments: | |
| Item Number: | 4 |
| Status: | Public |
| Heading: | Pension Fund Annual Report 2012/13 |
| Item: | To receive the Pension Fund Annual Report and Accounts for the year 2012/13 (attached). |
| Reports and Attachments: | 06 Agenda Item 04 File - PFC 211113 REP 4 Pension Fund Annual Report 201213-1.0 |
| Item Number: | 5 |
| Status: | Public |
| Heading: | Pensions Administration Strategy |
| Item: | To consider a report by the Director for Corporate Resources (attached). |
| Reports and Attachments: | 08 Agenda Item 05 File - PFC 211113 REP 5 Pensions Administration Strategy-1.0 |
| Item Number: | 6 |
| Status: | Public |
| Heading: | Actuarial Valuation 2013 |
| Item: | To receive a presentation from Barnett Waddingham, the Fund's Actuary, on the results of the triennial valuation of the Dorset Fund. |
| Item Number: | 7 |
| Status: | Public |
| Heading: | Fund Administrator's report |
| Item: | To consider the six monthly report of the Fund Administrator (attached). This includes Strategic Fund Allocation for the six months ended 30 September 2013, cash flow and performance analysis and other topical issues. As part of this item the Committee will receive the report from the Independent Adviser on investment outlook and asset allocation (Appendix 2 of the report refers). |
| Reports and Attachments: | 11 Agenda Item 07 File - PFC 211113 REP 7 Fund Administrators Report-1.0 |
| Item Number: | 8 |
| Status: | Public |
| Heading: | The Global Equity portfolio |
| Item: | To receive the report of Pictet Asset Management (attached). |
| Reports and Attachments: | 13 Agenda Item 08 File - PFC 211113 REP 8 Global Equity Portfolio Presentation-1.0 |
| Item Number: | 9 |
| Status: | Public |
| Heading: | The Corporate Bond portfolio |
| Item: | To receive the report of Royal London Asset Management (attached). |
| Reports and Attachments: | 16 Agenda Item 09 File - PFC 211113 REP 9 Corporate Bond Portfolio-1.0 |
| Item Number: | 10 |
| Status: | Public |
| Heading: | The Diversified Growth portfolio |
| Item: | To receive the report of Baring Asset Management (attached). |
| Reports and Attachments: | 18 Agenda Item 10 File - PFC 211113 REP 10 The Diversified Growth portfolio |
| Item Number: | 11 |
| Status: | Public |
| Heading: | The UK Equity portfolio |
| Item: | To receive the report by the Internal Manager (attached). |
| Reports and Attachments: | 20 Agenda Item 11 File - PFC 211113 REP 11 UK Equity Portfolio-1.0 |
| Item Number: | 12 |
| Status: | Public |
| Heading: | Dates of Future Meetings |
| Item: | To confirm the dates for the meetings of the Committee in 2014:- 4 March - County Hall, Dorchester 25/26 June - London (hosted by Insight) 8 September - County Hall, Dorchester 26/27 November - London (hosted by rlam) |
| Item Number: | 13 |
| Status: | Public |
| Heading: | Questions |
| Item: | To answer any questions received in writing by the Chief Executive by not later than 10.00am on 18 November 2013. |
