Agendas, reports and minutes

Pensions Committee and Board

Date: Wednesday, 22 September 2021

Agenda: Read the Supplementary Agenda

Pensions Committee and Pension Board – Wednesday, 22 September, 2021

Further to the agenda already issued for the above meeting, the following supplementary report, which it was indicated would follow, is circulated.

Yours faithfully

Stewart Fraser

Head of Corporate Governance

Item 11

Amendments to the Statement of Investment Principles

Atharrachaidhean do dh’Aithris nam Prionnsapalan Tasgaidh

There is circulated Report PC/21/21 by the Head of Corporate Finance and Commercialism.

The Committee is asked to approve the following amendment to Appendix 2 (Asset Allocation) of the Statement of Investment Principles:-

• the UK equities allocation (set at 8.4% at the March Pensions Committee) is removed and replaced with an equivalent increase in the asset allocation to global equities as shown in the table at 4.2 of the report.

Read the Agenda

Read the Minutes Minutes, 170.2 KB

Item 3 - Governance Policy Statement 2021/22 Report, 269.86 KB
Item 4 - Pension Fund Contributions and Administration Report, 151.93 KB
Item 5 - Application for Admitted Body Status Report, 126.47 KB
Item 6 - Highland Council Pension Fund Monitoring of Retirements Report, 221.6 KB
Item 7 - Training Policy and Training Plan 2021/22 Report, 331.5 KB
Item 8 - Risk Management Update Report, 160.82 KB
Item 9a - Highland Council Pension Fund Internal Audit Annual Report 2020/21 Report, 256.23 KB
Item 9b - Highland Council Pension Fund Internal Audit of Investments Report, 216.36 KB
Item 10a - External Annual Audit Report to Members of the Pensions Committee and the Controller of Audit Report, 987.57 KB
Item 10b - Letter of Representation 2020/21 Report, 668.88 KB
Item 11 - Amendments to the Statement of Investment Principles Report, 724.86 KB
Item 12i - Investment Sub Committee Minutes - 12 March 2021 Report, 161.48 KB
Item 12ii - Investment Sub Committee Minutes - 11 June, 2021 Report, 137.36 KB