Decision Maker: Lancashire Local Pension Board
Decision status: Recommendations Approved
Is Key decision?: No
(Not for Publication - Exempt information as defined in Paragraph 3 of Part 1 of Schedule 12A to the Local Government Act, 1972. It is considered that in all the circumstances of the case the public interest in maintaining the exemption outweighs the public interest in disclosing the information).
The Board was presented with three Part II reports which had been considered by the Pension Fund Committee on the 15th September 2016.
1. Fund Performance Report - the Board considered the report and presentation on the performance of the Fund as at 30th June 2016, which highlighted particular issues, areas of concern and key risks.
2.
Investment Panel Report - the Board noted the impact
of the European Referendum, fixed income and currencies on the Fund
which continued to perform well.
3. Local Pensions Partnership Update - The Board considered the report on activity by LPP in the first quarter in relation to investment and liability management, administration, action plans for the business and staffing.
Resolved: That the reports are noted.
Divisions Affected: Ribble Valley South West; South Ribble East;
Date of decision: 18/10/2016
Decided at meeting: 18/10/2016 - Lancashire Local Pension Board
Accompanying Documents: