Venue: Cyfarfod Rhithiol / Virtual Meeting. View directions
Contact: Lowri Haf Evans 01286 679878
No. | Item |
---|---|
ELECT CHAIR To elect
Chair for 2024 /25 Decision: DECISION: To elect Councillor
Elin Hywel as Chair for 2024/25 |
|
ELECT VICE CHAIR To elect
Vice Chair for 2024/25 Decision: DECISION: To elect Councillor
Ioan Thomas as Vice-Chair for 2024/25 |
|
APOLOGIES To receive
any apologies for absence |
|
DECLARATION OF PERSONAL INTEREST To receive
any declaration of personal interest |
|
URGENT ITEMS To note any
items which are urgent business in the opinion of the Chairman so that they may
be considered |
|
The
Chairman shall propose that the minutes of the meeting of this committee held
on 25th November 2024 to be signed as a true record |
|
WALES PENSION PARTNERSHIP UPDATE To receive
and note a quarterly update from Wales Pension Partnership Additional documents:
Decision: DECISION: ·
To
accept and note the information. ·
The Chair of the Pensions Committee to
express the Committee's concerns to the WPP regarding the suggestion that all
the operating activity may be delegated to the Partnership. Concern was
expressed that should the Partnership take greater responsibility for
implementing the investment strategy, input must be secured from the individual
funds of the Partnership. ·
To
welcome the fact that use of the Welsh language has been noted as essential in
response to the Consultation by the MHCLG – ‘Fit for the Future’ - the Gwynedd
Pension Fund and the WPP will need to be able to provide any information and
any communications in Welsh as well as
English. |
|
BUDGET APPROVAL FOR 2025/26 To approve
the 2025/26 financial year budget for the Pensions Administration and
Investment sections. Decision: DECISION ·
To
accept and note the information. ·
To approve the budget of the Pensions
Administration and Investment Sections for the 2025/26 financial year |
|
REVIEW OF STRATEGIC OBJECTIVES FOR THE FUND'S INVESTMENT CONSULTANTS To note
progress and future objectives Additional documents:
Decision: DECISION: ·
To
accept and note the progress report. ·
To
accept the Investment Consultants' objectives for the next period |
|
TREASURY MANAGEMENT 2024 - 25 MID YEAR REVIEW To consider
and receive the report for information Decision: DECISION: To accept and note
the information |
|
EXCLUDE PRESS AND PUBLIC The Chairman shall propose that the press and public be excluded from the meeting during the discussion on the following item due to the likely disclosure of exempt information as defined in paragraph 12, Part 4, Schedule 12A of the Local Government Act 1972. There
is an acknowledged public interest in openness in
relation to the use of public resources and related financial issues. It is also acknowledged that there are occasions,
in order to protect the financial interests of public authorities that matters related to commercial information need to be discussed without being publicised.
Publication of such commercially sensitive information would be inappropriate having regard to the legitimate interests of third parties and could undermine confidence to engage with the Council and therefore the Councils ability make decisions on behalf of the fund. This would
be contrary to the wider public interest of securing value for money and the best overall outcome
and for those reasons the matter should be exempt in the public interest. |
|
ROBECO ENGAGEMENT SERVICE- ENGAGEMENT REPORT 01.07.2024 - 30.09.2024 To consider the report (copy for
Members only). Decision: DECISION To accept and note
the information Note: Lack of consistency between the information in Robeco's written report compared to the information in Robeco's progress table – need to make sure the information
is correct |