Issue - meetings

The Committee had before it a report by the Chief Officer – Finance which sought approval to use the National LGPS Framework to let investment management consultancy services for the North East Scotland Pension Fund.

The report recommended:-

that Committee –

(a)      approve the award of a call-off contract under the National LGPS Framework agreement set up by Norfolk County Council to appoint investment consultants to provide investment management consultancy services to the Fund from 1 April 2021 for a term of 5 years, with the option to extend for a further 2 years; and

(b)      approve the potential expenditure for the above as set out in items 4.1 and 4.2 of the report.

The Committee resolved:-

to approve the recommendations.

The Board resolved:-

to note the decision of the Committee.