91 Berkshire Pension Fund Pooling PDF 83 KB
Additional documents:
Decision:
That the Berkshire Pension Fund Panel’s expected decision to pool 100% of Berkshire Pension Fund assets with Local Pensions Partnership be noted.
Minutes:
The Executive considered a report which stated that the Government required Local Government Pension Funds to join an investment pool by 1 April 2018.
The Executive Member for Finance introduced the report and confirmed that the Berkshire Pension Fund Panel had agreed to enter into a memorandum of understanding with Local Pension Partnership. The aim was to achieve economies of scale and efficiencies for the benefit of fund members and employers.
RESOLVED: That the Berkshire Pension Fund Panel’s expected decision to pool 100% of Berkshire Pension Fund assets with Local Pensions Partnership be noted.