Agenda

Pensions Committee - Wednesday, 23rd September, 2026 1.45 pm

Venue: Committee Room - 2nd Floor West Wing, Guildhall

Contact: Chris Rumbles  Email: christopher.rumbles@cityoflondon.gov.uk

Items
No. Item

Part 1 - Public Agenda

1.

Apologies

 ...  view the full agenda text for item 1.

2.

MEMBERS' DECLARATIONS UNDER THE CODE OF CONDUCT IN RESPECT OF ITEMS ON THE AGENDA

 ...  view the full agenda text for item 2.

3.

Minutes

To consider minutes as follows: -

 ...  view the full agenda text for item 3.

3a

To agree the public minutes and non-public summary of the Pensions Committee meeting on 6 July 2026 pdf icon PDF 134 KB

 ...  view the full agenda text for item 3a

3b

To note the public minutes and non-public summary of the Local Government Pensions Board meeting on 13 July 2026 pdf icon PDF 131 KB

 ...  view the full agenda text for item 3b

4.

Pensions Committee Work Programme Work Programme 2026 / 27 pdf icon PDF 82 KB

Report of the Chamberlain.

 ...  view the full agenda text for item 4.

5.

Pensions Scheme - Administrator's Update pdf icon PDF 136 KB

Report of the Chamberlain (to be read in conjunction with a non-public appendix at item 18).

 ...  view the full agenda text for item 5.

Additional documents:

6.

Changes to Inheritance Tax and the effects on the Local Government Pension Scheme pdf icon PDF 93 KB

Report of the Chamberlain.

 ...  view the full agenda text for item 6.

7.

Risk Register for the Pensions Committee pdf icon PDF 190 KB

Report of the Chamberlain.

 ...  view the full agenda text for item 7.

Additional documents:

8.

City Fund and Pension Fund – Statement of Accounts, and Audit Findings Report 2025-26 pdf icon PDF 151 KB

Report of the Chamberlain.

 ...  view the full agenda text for item 8.

Additional documents:

9.

Questions on Matters Relating to the Work of the Committee

 ...  view the full agenda text for item 9.

10.

Any Other Business that the Chair Considers Urgent

 ...  view the full agenda text for item 10.

11.

Exclusion of the Public

MOTION - That under Section 100(A) of the Local Government Act 1972, the public be excluded from the meeting for the following items on the grounds that they involve the likely disclosure of exempt information as defined in Part I of the Schedule 12A of the Local Government Act.

 

 ...  view the full agenda text for item 11.

Part 2 - Non-Public Agenda

12.

Minutes

To consider minutes as follows: -

 ...  view the full agenda text for item 12.

12a

To agree the non-public minutes of the Pensions Committee meeting on 6 July 2026

 ...  view the full agenda text for item 12a

12b

To note the non-public minutes of the Local Government Pensions Board meeting on 13 July 2026

 ...  view the full agenda text for item 12b

13.

Investment Strategy Statement (ISS) and Local Investment Training

Presentation of London CIV.

 ...  view the full agenda text for item 13.

14.

Pension Fund Cashflow Forecast 2026/27 to 2029/30

Report of the Chamberlain.

 ...  view the full agenda text for item 14.

15.

Pension Fund - Draft Annual Report for the year ended 31 March 2026

Report of the Chamberlain.

 ...  view the full agenda text for item 15.

16.

Performance Monitoring

 ...  view the full agenda text for item 16.

16a

Investment Performance Monitoring to 31 July 2026

Report of the Chamberlain.

 ...  view the full agenda text for item 16a

16b

Quarterly Monitoring Report Q2 2026

Report of Marsh.

 ...  view the full agenda text for item 16b

17.

London Collective Investment Vehicle (LCIV) Update

Report of the Chamberlain.

 ...  view the full agenda text for item 17.

18.

Pensions Scheme - Administrator's Update

Non-public appendix to be read in conjunction with item 5.

 ...  view the full agenda text for item 18.

19.

Non Public Questions on Matters Relating to the Work of the Committee

 ...  view the full agenda text for item 19.

20.

ANY OTHER BUSINESS THAT THE CHAIR CONSIDERS URGENT AND THAT THE COMMITTEE AGREES SHOULD BE CONSIDERED WHILST THE PUBLIC ARE EXCLUDED

 ...  view the full agenda text for item 20.