Issue - meetings
Training Strategy
Meeting: 08/07/2024 - Pension Board (Item 7.5)
7.5 Training Strategy PDF 245 KB
Additional documents:
Meeting: 01/07/2024 - Pensions Committee (Item 6)
6 Training Strategy PDF 245 KB
To follow.
Additional documents:
- Appendix. 1 for Training Strategy, 08/07/2024 Pension Board, item 6 PDF 94 KB
- Webcast for Training Strategy
Minutes:
Mr Paul Audu, Interim Head of Pensions and Treasury introduced the report stating the Pensions training strategy set out the expectations for Board and Committee training considering their responsibility and remit.
He said members needed to be knowledgeable and skilled in the work of the Pensions Committee and Board and said training was an essential part of this. He referred to paragraph 3.1 in the report which listed the governance structure and framework for training. He said the Committee and the Board would be provided with a refreshed training strategy to consider at its next meeting in September 2024.
In response to comments and questions from members the following was noted:
· Councillor Choudhury commented that the Pensions Committee had at its last meeting requested to meet with Fund Managers at their place of business and asked if this had been organised? He said this would provide members with useful insight and give them a better understanding of how investments are made. Mr Audu said this had not been done but he would try to organise this.
o ACTION: Mr Audu to arrange a visit to a Fund Manager’s place of business for Pension Committee members.
· Mr Audu proceeded to inform members of the various types of training available to them, from attending conferences and seminars to accessing online training programmes.
The Pensions Committee RESOLVED to:
1. Note the report and the scope of the proposed draft training strategy to be provided to the Pensions Board on the 16th September and Pensions Committee on 30th September 2024 for consideration and approval respectively.
2. Note the current TH Pension Fund Training and Development Policy.