Agenda

Pensions Committee - Wednesday, 3rd December, 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

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 pdf icon PDF 171 KB

To agree the public minutes and non-public summary of the Pensions Committee meeting held on the 22 September 2025.

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

4.

Annual Review of the Committee's Terms of Reference pdf icon PDF 107 KB

Report of the Town Clerk.

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

Additional documents:

5.

Work Programme pdf icon PDF 81 KB

Report of the Chamberlain.

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

6.

Pensions Scheme – Administrator’s Update pdf icon PDF 132 KB

Report of the Chamberlain.

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

Additional documents:

7.

Local Government Pension Scheme – Transfers-out of the scheme: processes and precautions pdf icon PDF 106 KB

Report of the Chamberlain.

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

Additional documents:

8.

Local Government Pension Scheme ‘Fair Access’ Consultation pdf icon PDF 168 KB

Report of the Chamberlain.

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

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.

12.

Minutes

To agree the non-public minutes of the Pensions Committee meeting held on the 22 September 2025.

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

13.

Triennial Valuation Draft Results

Verbal Presentation from Barnett Waddingham.

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

14.

Investment Strategy Review and Training

Report of the Chamberlain.

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

15.

Draft Funding Strategy Statement (FSS)

Report of the Chamberlain.

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

16.

Performance Monitoring

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

16a

Performance Monitoring: Report to 30 September 2025

Report of the Chamberlain.

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

16b

Performance Monitoring: Quarterly Report to 30 September 2025

Report of Mercer.

 ...  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.

Transition of Assets to the London CIV

Report of the Chamberlain.

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

19.

Admittance to the London CIV – Request for Delegated Authority

Report of the Chamberlain.

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

20.

Admitted Body Status (City Academies Trust) - Request for Delegated Authority

Report of the Chamberlain.

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

21.

Pensions Scheme Administrator's Update - Non-Public Appendices

Non-Public Appendices B and D to be read in conjunction with item 6.

 ...  view the full agenda text for item 21.

22.

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

 ...  view the full agenda text for item 22.

23.

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 23.