The Committee shall:
Keep under review the fund’s long-term strategic asset
Approve the appointment and removal of the actuary, investment
managers and investment advisers, following appropriate procurement
and selection procedures.
Set performance benchmarks and investment guidelines for the
investment managers, supervise their activities and monitor their
performance and risk against the benchmarks and guidelines.
Give directions to the actuary, investment managers and investment
advisers with regard to any matter requiring the consent of the
Authority or on which directions are sought.
Agree the Statement of Investment Principles.
Ensure compliance with all relevant best practices for
institutional investors and LGPS pension funds.
Commission and consider actuarial valuations and set contribution
Consider any other policy or investment issue as the Committee see