Decision details

Exempt information as defined in Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act, 1972. The report contains information relating to the financial or business affairs of any particular person (including the authority holding that information). It is considered that in all circumstances of the case the public interest in maintain this exemption outweighs the public interest in disclosing the information.

The Committee considered an update report on the second quarter of activities of the Local Pension Partnership (LPP) which highlighted a number of areas, including:

·  The continuing integration of staff across three sites.

·  The pooling of Asset Management.

·  The performance of the Fund investments and administration.

·  The reputation of both the Fund and LPP being 'ahead of the game' and the potential inclusion of additional stakeholders in the future.

·  That LPP was operating within budget.

Resolved:

1.  That the details, as set out in the report presented, are noted.

2.  That Greg Smith, Director of Strategic Programmes & Group Company Secretary from the Local Pensions Partnership be thanked for his attendance.