Agenda item

12:40

The report (PF16) invites the Committee to complete the annual review of their policies as required under the Pension Fund Regulations. Separate Annexes cover the Governance Compliance Statement, Statement of Investment Principles, Funding Strategy Statement, Scheme of Delegation and the Communication Policy.

The Committee are RECOMMENDED to approve the revised policy documents as set out in Annexes 1-5 to this report, noting the main changes in the documents.

Members considered a report (PF16) which invited the Committee to complete the annual review of their policies, as required under the Pension Fund Regulations. Separate Annexes covered the Governance Compliance Statement, Statement of Investment Principles, Funding Strategy Statement, Scheme of Delegation and the Communication Policy

RESOLVED: that

(a)   subject to some minor amendments agreed at the meeting, to approve the revised policy documents, as set out in Annexes 1 – 5 to the report PF16, noting the main changes in the documents; and

(b)   in accordance with the CIPFA Knowledge & Skills Framework, as presented by Mr Lee of UBS prior to the start of the meeting, to request the officers to put together a further Training Plan to meet the Pension Fund’s requirements, to which, besides members of the Committee, one councillor be invited from each of the Oxfordshire District Councils.