The report of the Director, West Yorkshire Pension Fund, (Document “G – containing a Not  Publication Appendix) reminds Members that the role of the Pension Board, as defined by sections 5(1) and (2) of the Public Service Pensions Act 2013 is to assist the Council as Scheme Manager in ensuring the effective and efficient governance and administration of the Local Government Pension Scheme (LGPS) including securing compliance with the LGPS regulations and any other legislation relating to the governance and administration of the LGPS; securing compliance with the requirements imposed in relation to the LGPS by the Pensions Regulator; and any other such matters as the LGPS regulations may specify.

The Investment Advisory Panel (IAP) scheduled for 21 April 2020 was cancelled.  The Not for Publication notes of a briefing meeting of WYPF IAP, attended by the Chair and Deputy Chair, are appended to Document “G”.  The notes are submitted to the Pension Board to enable the Board to ensure effective and efficient governance and administration of the LGPS.

Members are requested to note that the Investment Advisory Panel meeting of 21 April 2020 was cancelled and review the Not for Publication notes of the Investment Advisory Panel briefing attended by the Chair and Deputy on 30 April 2020 appended to Document “G”.  

(Rodney Barton – 01274 432317)

Resolved –

1.    That it be noted that the Investment Advisory Panel meeting of 21 April 2020 was cancelled.

2.    That the Not for Publication notes of a briefing meeting attended by the Chair and Deputy Chair of the Investment Advisory Panel on 30 April 2020, appended to Document “G”, be noted.

ACTION: Director, West Yorkshire Pension Fund

The report of the Director, West Yorkshire Pension Fund, (Document “G – containing a Not  Publication Appendix) reminded Members that the role of the Pension Board, as defined by sections 5(1) and (2) of the Public Service Pensions Act 2013 was to assist the Council as Scheme Manager in ensuring the effective and efficient governance and administration of the Local Government Pension Scheme (LGPS) including securing compliance with the LGPS regulations and any other legislation relating to the governance and administration of the LGPS; securing compliance with the requirements imposed in relation to the LGPS by the Pensions Regulator; and any other such matters as the LGPS regulations may specify.

Members were advised that the Investment Advisory Panel (IAP) scheduled for 21 April 2020 had been cancelled due to COVID-19.  An informal meeting had been held and was attended by the Chair and Deputy Chair.  The Not for Publication notes of that meeting were appended to Document “G”.  The notes were submitted to the Pension Board to enable the Board to ensure effective and efficient governance and administration of the LGPS.

Resolved –

1.    That it be noted that the Investment Advisory Panel meeting of 21 April 2020 was cancelled.

2.    That the Not for Publication notes of a briefing meeting attended by the Chair and Deputy Chair of the Investment Advisory Panel on 30 April 2020, appended to Document “G”, be noted.

ACTION: Director, West Yorkshire Pension Fund