Review of the Investment Strategy Statement
Decision Maker: Lancashire Local Pension Board
Decision status: Recommendations Approved
Is Key decision?: No
Purpose:
This report sets out details of the Investment
Strategy Statement that was approved on 31st October 2016
Decisions:
A report was presented regarding a decision taken by the Director of Governance, Finance and Public Services under the urgent business procedure in relation to the approval of an Investment Strategy Statement (ISS).
It was reported that the urgent business procedure had been used as new investment regulations had come into force on the 1st November 2016 and it was necessary to approve and publish the ISS by that date and the next scheduled meeting of the Committee would not be until the 2nd December 2016.
In considering the report the Board noted that the independent advisers to the Pension Fund Committee had been consulted on the final version of the ISS and had recommended it for approval.
Resolved: That the report is noted.
Divisions Affected: (All Divisions);
Contact: Abigail Leech Email: abigail.leech@lancashire.gov.uk.
Report author: Abigail Leech
Date of decision: 17/01/2017
Decided at meeting: 17/01/2017 - Lancashire Local Pension Board
Accompanying Documents:
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