Issue - meetings
LGPS Latest Development and Update
Meeting: 31/07/2017 - Pensions Committee (Item 6)
6 LGPS Latest Development and Update PDF 358 KB
Minutes:
Bola Tobun, Investment and Treasury Manager presented a report which provided an update on the general developments in the Local Government Pensions Scheme arena and the progress of the London CIV
Members commented and welcomed the Local Government Pension Scheme (LGPS) Scheme Advisory Board issue of the LGPS Investment Code of Transparency. The purpose of the Code is to improve the reporting and understanding of investment management charges and costs.
The Committee noted that the LCIV during the first quarter of 2017/18 was positive and that a majority of their quarterly KPI targets had been met.
RESOLVED:
That the contents of the report be noted.