The Director of Pensions introduced this report, to inform Members of a pensions review, launched by the Chancellor, with the objective of boosting investment, increasing saver returns and tackling waste in the pensions system. It was noted that the cover report in the agenda was an incorrect version but the appendix was correct providing Members with a copy of the Fund’s response to the consultation. 

Members requested that a presentation be made to Councillors outside of the Committee to inform them about the local and UK investments which were made by the Fund.

Resolved – That the report be noted.