Agenda

Local Government Pensions Board - Monday, 12th January, 2026 1.45 pm

Venue: Committee Room 3 - 2nd Floor West Wing, Guildhall. View directions

Contact: Molly 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 Local Government Pensions Board meeting on 21 July 2025 PDF 198 KB ... view the full agenda text for item 3a
3b	To note the public minutes and non-public summary of the Pensions Committee meeting on 7 July 2025 and 22 September 2025 PDF 122 KB ... view the full agenda text for item 3b Additional documents: 22092025 FINAL DRAFT Public Minutes , item 3b PDF 171 KB
4.	Annual Review of the Board's Terms of Reference PDF 104 KB Report of the Town Clerk. ... view the full agenda text for item 4. Additional documents: LGPB - Terms of Refererence 2025 , item 4. PDF 63 KB
5.	Pensions Committee Update Report (Public) PDF 125 KB Report of the Chamberlain. ... view the full agenda text for item 5.
6.	Pension Scheme - Administrator's Update PDF 131 KB Report of the Chamberlain. Note: Appendices B, C and E are non-public and can be found under Agenda Item 24. ... view the full agenda text for item 6. Additional documents: 2.1 LGPS Board Administrators Report.Jan 2026 Appendix A , item 6. PDF 65 KB 2.4 LGPS Board Administrators Report.Jan 2026. Appendix D - KPIs FINAL , item 6. PDF 130 KB
7.	Risk Register for the Pensions Committee PDF 148 KB Report of the Chamberlain. ... view the full agenda text for item 7. Additional documents: 3.1 Risk Register -Appendix 1 Risk Register Matrix_FINAL , item 7. PDF 503 KB 3.2 Risk Register Appendix 2 Risk Register , item 7. PDF 574 KB
8.	Local Government Pension Scheme – Transfers-out of the scheme: processes and precautions PDF 106 KB Report of the Chamberlain. ... view the full agenda text for item 8. Additional documents: 4.1 LGPS Committee TRansfer Out Document Appendix FINAL , item 8. PDF 135 KB
9.	City Fund and Pension Fund - Statement of Accounts, Audit Findings and External Auditors Annual Report 2024/25 PDF 153 KB Report of the Chamberlain. ... view the full agenda text for item 9. Additional documents: 5.1 Appendix 3 - City of London Corporation Pension Fund Audit Findings Report 2024-25 , item 9. PDF 1 MB 5.2 Appendix 4 - City of London Corporation Pension Fund - DRAFT Letter of Representation 2024-25 , item 9. PDF 138 KB
10.	Local Government Pension Scheme 'Fair Access' Consultation PDF 127 KB Report of the Chamberlain. ... view the full agenda text for item 10.
11.	LGPS Communications issued to scheme members PDF 104 KB Report of the Chamberlain. ... view the full agenda text for item 11. Additional documents: 7.1 Pension Board Administrators Communications Report.jan 2026.Appendix 1 - ABS Notes , item 11. PDF 142 KB 7.2 LGPS Board Administrators Communications Report.Jan 2026.Appendix 2 - 2025 Annual Benefit Statement , item 11. PDF 161 KB
12.	Questions on matters relating to the work of the Board ... view the full agenda text for item 12.
13.	Any other business that the Chairman considers urgent ... view the full agenda text for item 13.
14.	Exclusion of the Public MOTION - That the public be excluded from the meeting for the following items that relate to business under the remit of the Court of Common Council acting in line with requirements of the Public Services Pensions Act 2013 relating to pensions scheme governance, to which Part VA and Schedule 12A of the Local Government Act 1972 public access to meetings provisions to not apply. ... view the full agenda text for item 14.
	Part 2 - Non-Public Agenda
15.	Minutes ... view the full agenda text for item 15.
15a	To agree the non-public minutes of the Local Government Pensions Board meeting on 21 July 2025 View the reasons why item 15a is restricted ... view the full agenda text for item 15a
15b	To note the non-public minutes of the Pensions Committee meeting on 7 July 2025 and 22 September 2025 View the reasons why item 15b is restricted ... view the full agenda text for item 15b
16.	Pensions Committee Update Report (Non-Public) View the reasons why item 16. is restricted Report of the Chamberlain. ... view the full agenda text for item 16.
17.	Draft Funding Strategy Statement (FSS) View the reasons why item 17. is restricted Report of the Chamberlain. ... view the full agenda text for item 17.
18.	Investment Performance Monitoring to 30 September 2025 View the reasons why item 18. is restricted Report of the Chamberlain. ... view the full agenda text for item 18.
19.	Investment Strategy Review and Training View the reasons why item 19. is restricted Report of the Chamberlain. ... view the full agenda text for item 19.
20.	Transition of Assets to the London CIV View the reasons why item 20. is restricted Report of the Chamberlain. ... view the full agenda text for item 20.
21.	London Collective Investment Vehicle (LCIV) Update View the reasons why item 21. is restricted Report of the Chamberlain. ... view the full agenda text for item 21.
22.	Admittance to the London CIV - Request for Delegated Authority View the reasons why item 22. is restricted Report of the Chamberlain. ... view the full agenda text for item 22.
23.	Pension Fund Cashflow Forecast 2025/26 to 2028/29 View the reasons why item 23. is restricted Report of the Chamberlain. ... view the full agenda text for item 23.
24.	Pension Scheme - Administrator's Update Non-Public Appendix View the reasons why item 24. is restricted Report of the Chamberlain. (Non-public appendices to be read in conjunction with Agenda Item 6). ... view the full agenda text for item 24.
25.	Non-public Questions on Matters relating to the Work of the Board ... view the full agenda text for item 25.
26.	Any other business that the Chairman considers urgent and which the Committee agrees should be considered whilst the public are excluded ... view the full agenda text for item 26.