Issue - meetings

TREASURY MANAGEMENT POLICY

Meeting: 02/02/2021 - Pensions Committee (Item 33)

33 TREASURY MANAGEMENT POLICY pdf icon PDF 155 KB

Additional documents:

Minutes:

Donna Smith, Head of Finance & Risk, presented a report that requested that Members approve the treasury management policy statement and the treasury management practices for Merseyside Pension Fund (MPF) for the year 2021/22.

 

The report set out that the main aims when managing liquid resources were the security of capital; the liquidity of investments; matching inflows from lending to predicted outflows; an optimal return on investments commensurate with proper levels of security and liquidity. Effective management and the control of risk were prime objectives of the treasury management policy and practices.

 

MPF would comply with the twelve treasury management practices set out in the treasury management policy statement.

 

The policy statement was attached as Appendix 1 to the report.

 

The Head of Finance and Risk responded to Members questions and having been moved by the Chair and formally seconded by Councillor Cherry Povall, it was;

 

Resolved – That the treasury management policy statement and the treasury management practices for Merseyside Pension Fund for the financial year 2021/22 be approved.