Meeting documents
Dorset County Council Pension Fund Committee
Thursday, 13th June, 2013
Committee Information
Pension Fund Investment Committee - 13/06/2013: 10:00:00
COMMITTEE ROOM 3, COUNTY HALL, COLLITON PARK, DORCHESTER
COMMITTEE ROOM 3, COUNTY HALL, COLLITON PARK, DORCHESTER
Committee Minutes Agenda Item | |
Agenda Details | |
| Item Number: | 1 |
| Status: | Public |
| Heading: | Election of Chairman |
| Item: | To elect a Chairman for the remainder of the year 2013/14. |
| Item Number: | 2 |
| Status: | Public |
| Heading: | Vice-Chairman |
| Item: | To appoint a Vice-Chairman for the remainder of the year 2013/14. |
| Item Number: | 3 |
| Status: | Public |
| Heading: | Apologies for Absence |
| Item: | To receive any apologies for absence. |
| Item Number: | 4 |
| 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) 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 categories of disclosable pecuniary interests is set out on the reverse of the form. |
| Item Number: | 5 |
| Status: | Public |
| Heading: | Terms of Reference |
| Item: | To note the Committee's Terms of Reference as follows: To exercise the functions of the County Council as administering authority under the Local Government Superannuation Act and Regulations and deal with matters relating thereto. |
| Item Number: | 6 |
| Status: | Public |
| Heading: | Minutes |
| Item: | To confirm the minutes of the meeting held on 20 February 2013 (attached). |
| Reports and Attachments: | |
| Item Number: | 7 |
| Status: | Public |
| Heading: | Report of the Fund's Independent Professional Observer |
| Item: | To receive the report of the Independent Professional Observer on the governance arrangements of the Fund (attached). |
| Reports and Attachments: | |
| Item Number: | 8 |
| Status: | Public |
| Heading: | Training Policy |
| Item: | To consider a report by the Chief Treasury and Pensions Manager (attached). |
| Reports and Attachments: | 11 Agenda Item 08 File - PFC 130613 - Agenda 8 - Training Policy.pdf |
| Item Number: | 9 |
| Status: | Public |
| Heading: | Review of Alternative Assets |
| Item: | To consider the report by John Finch from JLT (attached). |
| Reports and Attachments: | 13 Agenda Item 09 File - PFC 130613 - Agenda Item 9 - Review of Alternative Assets.pdf |
| Item Number: | 10 |
| Status: | Public |
| Heading: | Fund Administrator's report |
| Item: | To consider the quarterly report of the Fund Administrator (attached). This includes Strategic Fund Allocation for the period ending 31 March, cash flow and performance analysis and other topical issues; as part of this item the Committee will receive the report from the Independent Advisor on investment outlook and asset allocation (Appendix 2 of the report refers). |
| Reports and Attachments: | 15 Agenda Item 10 File - PFC 130613 - Agenda 10 - Report of the Fund Administrator.pdf |
| Item Number: | 11 |
| Status: | Public |
| Heading: | Dorset Liability Matching Portfolio |
| Item: | To receive the report by Insight Investment (attached). |
| Reports and Attachments: | 17 Agenda Item 11 File - PFC 130613 - Agenda Item 11 - Dorset Liability Matching Portfolio.pdf |
| Item Number: | 12 |
| Status: | Public |
| Heading: | The Global Equity Portfolio |
| Item: | To receive the report by Pictet Asset Management (attached). |
| Reports and Attachments: | 19 Agenda Item 12 File - PFC 130613 - Agenda Item 12 - The Global Equity Portfolio.pdf |
| Item Number: | 13 |
| Status: | Public |
| Heading: | The Property Portfolio |
| Item: | To receive the report by CBREi (attached). |
| Reports and Attachments: | 21 Agenda Item 13 File - PFC 130613 - Agenda 13 - The Property Portfolio.pdf |
| Item Number: | 14 |
| Status: | Public |
| Heading: | The UK Equity Portfolio |
| Item: | To receive the report by the Internal Manager (attached). |
| Reports and Attachments: | 23 Agenda Item 14 File - PFC 130613 - Agenda 14 - The UK Equity Portfolio.pdf |
| Item Number: | 15 |
| Status: | Public |
| Heading: | Dates of Future Meetings |
| Item: | To confirm the dates for the meetings of the Committee in 2013:- 9 September - County Hall, Dorchester 20/21 November - London (hosted by Pictet Asset Management) Additional date to note: 27 November - Annual Employers' Meeting (Wareham) |
| Item Number: | 16 |
| Status: | Public |
| Heading: | Questions |
| Item: | To answer any questions received in writing by the Chief Executive by not later than 10.00am on Monday 10 June 2013. |
