Agenda

Pensions Committee - Monday, 22nd September, 2025 2.00 pm

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

Contact: Molly Carvill Email: molly.carvill@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 ... view the full agenda text for item 3.
3a	To agree the public minutes and non-public summary of the Pensions Committee meeting on 7 July 2025 PDF 122 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 21 July 2025 PDF 191 KB ... view the full agenda text for item 3b
4.	Work Programme PDF 80 KB Report of the Chamberlain. ... view the full agenda text for item 4.
5.	Risk Register PDF 148 KB Report of the Chamberlain. ... view the full agenda text for item 5. Additional documents: Appendix 1 Risk Register Matrix , item 5. PDF 503 KB Appendix 2 Risk Register , item 5. PDF 573 KB
6.	Pension Scheme - Administrator’s Update PDF 139 KB Report of the Chamberlain. Please note, Appendices B and C are non-public. ... view the full agenda text for item 6. Additional documents: Appendix A - LGPS Committee Administrators Report Sept 2025 , item 6. PDF 63 KB Appendix D - LGPS Committee Administrators Report Sept 2025 , item 6. PDF 125 KB
7.	Pensions Administration - Guidance on Transfers Out PDF 110 KB Report of the Chamberlain. ... view the full agenda text for item 7. Additional documents: Appendix A - Transfer-out Precautions Document , item 7. PDF 148 KB
8.	City Fund and Pension Fund Statement of Accounts Update 2024/25 PDF 118 KB Report of the Chamberlain. ... view the full agenda text for item 8.
9.	City Fund and Pension Fund - Statement of Accounts, Audit Findings and External Auditor's Annual Audit Report 2024/25 PDF 153 KB Report of the Chamberlain. ... view the full agenda text for item 9. Additional documents: Audit Findings (ISA 260) Report for City of London Corporation Pension Fund , item 9. PDF 1 MB City of London Corporation Pension Fund - DRAFT Letter of Representation 2024-25 , item 9. PDF 138 KB
10.	Questions on Matters Relating to the Work of the Committee ... view the full agenda text for item 10.
11.	Any Other Business that the Chair Considers Urgent ... view the full agenda text for item 11.
12.	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 12.
	Part 2 - Non-Public Agenda
13.	Non-Public Minutes ... view the full agenda text for item 13.
13a	To agree the non-public minutes of the Pensions Committee meeting held on 7 July 2025 View the reasons why item 13a is restricted ... view the full agenda text for item 13a
13b	To Note the Non-Public Minutes of the Local Government Pensions Board Meeting on 21 July 2025 View the reasons why item 13b is restricted ... view the full agenda text for item 13b
14.	City Fund and City's Estate Auditor Procurement Process View the reasons why item 14. is restricted Report of the Chamberlain. ... view the full agenda text for item 14.
15.	Draft Pension Fund Annual Report View the reasons why item 15. is restricted Report of the Chamberlain. ... view the full agenda text for item 15. Additional documents: Restricted enclosure 21 View the reasons why document 15./2 is restricted
16.	Performance Monitoring Report of the Chamberlain. ... view the full agenda text for item 16.
16a	Performance Monitoring: Report to 30 June 2025 View the reasons why item 16a is restricted Report of the Chamberlain. ... view the full agenda text for item 16a Additional documents: Restricted enclosure 23 View the reasons why document 16a/2 is restricted
16b	Performance Monitoring: Quarterly Report to 30 June 2025 View the reasons why item 16b is restricted Report of Mercer. ... view the full agenda text for item 16b
17.	London Collective Investment Vehicle (LCIV) Update View the reasons why item 17. is restricted Report of the Chamberlain. ... view the full agenda text for item 17. Additional documents: Restricted enclosure 26 View the reasons why document 17./2 is restricted
18.	Investment Strategy Review and Transferring of Assets to LCIV View the reasons why item 18. is restricted Report of the Chamberlain. ... view the full agenda text for item 18. Additional documents: Restricted enclosure 28 View the reasons why document 18./2 is restricted
19.	Review of Inflation Linked Benchmarks View the reasons why item 19. is restricted Report of the Chamberlain. ... view the full agenda text for item 19. Additional documents: Restricted enclosure 30 View the reasons why document 19./2 is restricted
20.	Cashflow Forecast View the reasons why item 20. is restricted Report of the Chamberlain. ... view the full agenda text for item 20.
21.	Pensions Investment Letter View the reasons why item 21. is restricted Report of the Chamberlain. ... view the full agenda text for item 21. Additional documents: Restricted enclosure 33 View the reasons why document 21./2 is restricted Restricted enclosure 34 View the reasons why document 21./3 is restricted
22.	Decisions taken under delegated authority or urgency powers View the reasons why item 22. is restricted Report of the Town Clerk. ... view the full agenda text for item 22.
23.	Pension Scheme - Administrator's Update Non-Public Appendices View the reasons why item 23. is restricted ... view the full agenda text for item 23. Additional documents: Restricted enclosure 37 View the reasons why document 23./2 is restricted
24.	Non-Public Questions on Matters Relating to the Work of the Committee ... view the full agenda text for item 24.
25.	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 25.