Issue - items at meetings - ANY OTHER BUSINESS

Issue - meetings

ANY OTHER BUSINESS

Meeting: 17/09/2020 - Pension Policy & Investment Committee (Item 13)

ANY OTHER BUSINESS

Minutes:

NOTED

 

1.    In response to concerns raised during the meeting, clarification would be provided on usage and retention of recordings of meetings.

ACTION:  Penelope Williams, Governance & Scrutiny

 

2.    Councillor Levy advised that an amendment to the committee membership would be submitted for Council approval to meet proportionality requirements, and he would no longer be a committee member.

 

3.    The committee wished to see the next three fund managers in October, possibly in an informal meeting as discussed during the introduction.

ACTION:  Bola Tobun, Finance Manager, Pensions & Treasury


Meeting: 23/07/2020 - Pension Policy & Investment Committee (Item 13)

ANY OTHER BUSINESS

Minutes:

Councillor Neville expressed his concern about Property – the closure of high street shops will have an effect on values and the increased prevalence of working from home may mean that office/ commercial values may drop – we need to be mindful of this as he thought approximately 10% of our assets are in property he asked AON representative for his thoughts on this.

 

He answered that he shared Councillor Neville’s concerns regarding real estate values frozen at the moment with a lag in commercial property values . Also income from rents reducing, in the longer term property still has a role to play but in the short term may be problems and would not suggest an increase in property assets at present.