Agenda

Venue: Virtual

Contact: Sue Whitehead  Tel: 07393 001213; Email:  sue.whitehead@oxfordshire.gov.uk

Link: video link to the meeting

Items
No. Item

1.

Welcome by Chairman

2.

Apologies for Absence

3.

Declarations of Interest - see guidance note opposite

4.

Petitions and Public Address

5.

Minutes pdf icon PDF 368 KB

To approve the minutes of the meeting held on 23 October 2020               (LPB5) and to receive information arising from them.

6.

Unconfirmed Minutes of the Pension Fund Committee - 4 December 2020 pdf icon PDF 268 KB

7.

Review of the Annual Business Plan pdf icon PDF 532 KB

The Board are invited to review the latest position against the Annual Business Plan for 2020/21 as considered by the Pension Fund Committee at their meeting on 4 December 2020.  In particular, they are invited to comment on the changes to the format of the report, following their comments at the last meeting of the Board.

8.

Risk Register pdf icon PDF 218 KB

This is the latest risk register as considered by the Pension Fund Committee on 4 December 2020.  The Board are invited to review the report and offer any further views back to the Committee.

Additional documents:

9.

Administration Report pdf icon PDF 762 KB

The Board are invited to review the latest Administration Report as presented to the Pension Fund Committee on 4 December 2020, including the latest performance statistics for the Service.  The Board are invited to discuss the proposed amendments to the Funding Strategy Statement reflecting the new flexibilities in respect of the dealings between the Administering Authority and Scheme Employer and offer any comments back to the Pension Fund Committee as part of the current consultation process.

 

Additional documents:

10.

Governance Review

This item has been added to the agenda as agreed at the last meeting of the Board.  There will be an opportunity for representatives of Hymans Robertson to provide an update on their independent review of the governance arrangements of the Fund as well as an opportunity for the Board to feed any further comments into the review on the governance arrangements in general, and the role of the Pension Board within these arrangements in particular.

11.

Investment Management Costs and Performance pdf icon PDF 236 KB

This report is at the request of the Members of the Board for a report setting out the costs and performance of the individual investment portfolios over the most recent 12-month period.

 

The Board are invited to discuss the contents of this report and consider what advice, if any, to send to the Pension Fund Committee.

 

12.

Items to Include in Report to the Pension Fund Committee

Following the request from the chairman of the Pension Fund Committee, there is now a standing item on the Committee agenda for this Board to report back to the Committee.  The Board are invited to confirm the issues they wish to include in their latest report to the Committee.

 

13.

Items to be Included in the Agenda for the next Board Meeting

Members are invited to identify any issues they wish to add to the agenda of the next meeting of this Board.