For enquiries on this agenda, please contact:

Ann Sweeney 0208 547 4629


Published on 5 June 2019



Pension Fund Panel


Date:                Tuesday 12 February 2019


Time:               10:00 am


Place:              Guildhall, Kingston upon Thames KT1 1EU



Members of the Committee


  Councillor Mark Beynon


  Councillor Dennis Goodship

(Vice Chair)


Councillor Roy Arora


Councillor Jaesung Ha

Councillor Alison Holt



Non-Voting Observer Members


Co opted Member

Lesley Diston            Kingston University

Majid Mafi                  RBK Staff Side

Chris Coke                Retired Members



Everyone is welcome to attend the meeting


This agenda is available to view on:

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Meeting information




·                All meetings have access for people who may have mobility difficulties.  If there are stairs, a lift or stairlift is available.  Disabled parking spaces are available on site.

·                Toilet facilities will be easily accessible from the meeting room.

·                For people who are deaf or have hearing impairments, there is an induction loop (depending on the building, this may only be available in the first 2 or 3 rows).

·               A large print copy of the agenda can be requested in advance.


Emergency evacuation arrangements


If the fire alarm sounds, please leave the building by the nearest exit. If you require assistance, please remain seated and an Officer will assist you from the building.


Recording of the meeting


 This meeting will be recorded and the recording will be available on the web site ( with the agenda and minutes.




Residents and journalists/media wishing to film meetings are permitted to do so but are asked to give advance notice of this and respect any concerns expressed by people on being filmed.


Phrases used at meetings


Like all organisations, the Council has its own ‘jargon’.  On the agenda and during debates you will see/hear the following phrases:


·           Interests - Councillors must say if they have an interest in any of the items on the agenda.  Interests may be personal or pecuniary.  Depending on the interests declared, it might be necessary for the Councillor to leave the meeting.  The detail on interests is in Part 5A of the Constitution - Members’ Code of Conduct.





The minutes briefly summarise the item and record the decision.  They do not record who said what during the debate.





Apologies for absence


Majid Mafi - the substitute member is Marc Cooper.


Declarations of Interest







Appendix A




To confirm as a correct record the minutes of the meeting held 13 December 2018.





Pensions Administration Update

Appendix B









Performance for Quarter to 30/12/2018

Appendix C









Investment Strategy Review - Multi Asset Credit

Appendix D




Representatives from the London CIV and CQS will be attending.





ESG  - Next Stages





There will be a presentation from Aon Hewitt and discussion covering

Feedback from Member questionnaires

Other LGPS approaches

Values & Beliefs - policy development





Local Authority Pension Fund Forum - Presentation





Keith Bray will be attending.





LGPS Governance Conference January - Update from Chair





Councillor Beynon attended this conference on 17/18 January and will feedback to the Panel.





Review of Work Programme

Appendix E









Exclusion of the Press and Public






To exclude the public from the meeting under Section 100(A)(4) of the Local Government Act 1972 on the grounds that it is likely that exempt information, as defined in paragraphs 1 and 3 of Part I of Schedule 12A to the Act, would be disclosed and the public interest in maintaining the exemption outweighs the public interest in disclosing the information.


Investment Strategy Review Annex 1 and 2                           Appendix D






Urgent Items Authorised by the Chair








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