Issue - meetings

Victoria Moffett (Lead Commissioner – Pensions and Investment) introduced the report. She advised that the Fund’s Corporate Governance Policy Statement had been updated following its scheduled annual review. She highlighted the key changes outlined within the report. The Committee was asked to endorse the draft Corporate Governance Statement and authorise the Strategic Director for Resources to finalise the statement in consultation with appropriate persons. She drew members’ attention to the amendments to the Fund’s Admission and Termination Policy, Conflicts of Interest Policy, and Cyber Security Policy, for which approval was sought.

It had been determined that access to the Cyber Security Policy should be limited to ensure compliance with the Council’s duties to take all necessary steps to safeguard data. Discussion of this Policy (and determination of recommendation 3 of the report) would take place in closed session.

The Chair proposed that recommendations 1 and 2 be accepted. This was seconded by Councillor Gifford and unanimously supported by the Committee.

Resolved

That the Staff and Pensions Committee:

     1.          Notes the updates contained in the Report.

     2.          Endorses the draft Corporate Governance Statement of the Warwickshire Pension Fund and authorises the Strategic Director for Resources to finalise the statement in consultation with appropriate persons.