The Director of Pensions introduced a report that informed Members of the appointment of Redington as Strategic Investment Advisors to Merseyside Pension Fund. Members were informed of how Redington would be supporting the Fund’s Strategic Objectives work, including a stakeholder survey to explore investment beliefs.

Members explored in greater detail the process for the survey, and how specific concerns on responsible investment and human rights were taken on board. The Director of Pensions clarified that it was proposed that the survey would be issued in early 2023, with a view for completion by the end of January. Analysis of the responses would then be fed back at the next Working Party meeting. It was noted the survey was to cover investment objectives and beliefs, including responsible investment, at a higher level, with an anticipated further survey on responsible investment beliefs exploring issues in greater detail.

Resolved – That the appointment of Redington as Strategic Investment Advisors to Merseyside Pension Fund be noted.