Issue - meetings

The Committee had before it a report by the Director of Resources which detailed the outcome of the investment strategy review prepared by officers following the outcome of the 2017 Actuarial Valuation.  The report set out the details of the Fund’s current investment strategy and made a number of recommendations on how it was proposed to take the strategy forward over the next five to ten years.

The Committee then heard from Laura Colliss, Pensions Manager, who explained that the proposed strategy was designed to de-risk by reducing the growth asset allocation and increasing the income / protection allocation.

The report recommended:-

That Committee approve the proposed investment strategy as set out in section 3.5 and Appendix 1 to the report.

The Committee resolved:-

to approve the recommendation.

The Board resolved:-

to note the decision of the Committee.