consider approval and act in accordance with statutory Pension Fund
Statement of Investment Principles
Funding Strategy Statement
Governance Policy Statement
Pension Administration Strategy
Communication Policy Statement
review the above documents at least triennially, or more frequently
if advised by the Chief Finance Officer of the need to do
meet review and consider approval of the Pension Fund Statement of
Accounts, income and expenditure and balance sheet or record of
payments and receipts
receive and consider approval of the Pension Fund Annual
appoint independent investment advisors.
appoint Pension Fund investment managers.
appoint Pension Fund actuaries.
appoint a performance management company.
review and challenge at least quarterly the Pension Fund investment
managers’performance against the
Statement of Investment Principles in general and investment
performance benchmarks and targets in particular. One of these
meetings to be the annual review, at which the representative from
the council’s performance management organisation attends to
comment on the relative performance of the fund
consider actuarial valuations and their impact on the Pension