Issue - meetings

The Committee had before it a report by the Chief Internal Auditor which presented the planned Internal Audit report on the Pensions Investment Strategy.  Mr Dale introduced the report.

Members asked a number of questions in relation to the balance of asset allocations and the investment strategy, as well as the session on environmental, social and corporate governance (ESG) which had been held previously.

The report recommended:-

that the Committee review, discuss and comment on the issues raised within this report and the attached appendix.

The Committee resolved:-

(i)       to note that officers would arrange further training in relation to ESG, following the constructive session held previously with the Committee and Board; and

(ii)       to otherwise note the report.