Issue - meetings
LGPS (Local Government Pension Scheme) Current Issues and Updates
Meeting: 13/03/2019 - Pensions Committee (Item 6)
6 LGPS (Local Government Pension Scheme) Current Issues and Updates PDF 148 KB
Minutes:
The Committee received a report that provided an update on general developments in LGPS arena and also the Scheme Advisory Board’s Key projects relating to the governance and administration of the LGPS scheme.
The Committee was informed that:
- The draft of the Ministry of Housing, Communities and Local Government's (MHCLG) guidance on LGPS Asset pooling is to be completed by end of March;
- The Investment & Treasury team will email the key elements of the guidance to Committee in due course;
- The Government is not putting any specific targets for infrastructure.
ACTIONS
- A joint response submission for the MHCLG guidance by the Pensions Board and Committee to be submitted at the end of March.
- To think about point 3.1.6 on page 247 when drafting the investment strategy.
RESOLVED
To note the report.