Agendas, reports and minutes

A joint meeting of the Pensions Committee and Pension Board will take place in the Chamber, Council Headquarters, Glenurquhart Road, Inverness on Thursday 18 February, 2016 at 2.00 p.m.

You are invited to attend the meeting and a note of the business to be considered is attached.

Webcast Notice: This meeting will be filmed and broadcast over the internet on the Highland Council website and will be archived and available for viewing for 12 months thereafter.

Yours faithfully

MICHELLE MORRIS
DEPUTE CHIEF EXECUTIVE/
DIRECTOR OF CORPORATE DEVELOPMENT

BUSINESS

1. Apologies for Absence
    Leisgeulan

2. Declarations of Interest
    Foillseachaidhean Com-pàirt

Members are asked to consider whether they have an interest to declare in relation to any item on the agenda for this meeting.   Any Member making a declaration of interest should indicate whether it is a financial or non-financial interest and include some information on the nature of the interest.   Advice may be sought from Officers prior to the meeting taking place. 

3. Annual Audit Plan 2015/16  (External Audit Report)
    Plana Sgrùdaidh Bliadhnail 2015/16 (Aithisg Sgrùdaidh bhon Taobh A-muigh)

There is circulated Report No. PC/01/16 by Audit Scotland which presents their annual audit plan setting out the work they plan to undertake as part of the audit of the pension fund.

The Committee is invited to consider the report. 

4. Pension Fund Administration
    Rianachd Maoin Peinnsein

There is circulated Report No. PC/02/16 by the Director of Finance which updates Members on matters relating to the administration of the Highland Council Pension Fund.

The Committee is invited to consider the details of the report. 

5. Statement of Investment Principles
    Aithris air Prionnsapalan Tasgaidh

There is circulated Report No. PC/03/16 by the Director of Finance which seeks approval on the proposed Statement of Investment Principles for the Highland Council Pension Fund (HCPF).

The Statement of Investment Principles is prepared as required by the Local Government Pension Scheme (Management and Investment of Funds) (Scotland) Regulations 2010 (No. 233). 

The Committee is invited to approve the Statement of Investment Principles.  

6. Investment Sub Committee: Minutes of Meeting
    Fo-chomataidh Tasgaidh: Geàrr-chunntas na Coinneimh

The Minutes of meeting of the Investment Sub-Committee held on 27 November, 2015 are circulated for confirmation.