PENSION FUND PANEL


WEDNESDAY, 3 NOVEMBER, 2004 AT 10.00 A.M.

THE CHUTE ROOM, THE CASTLE, WINCHESTER


KAREN WIDDOWSON

7334

1 DECLARATIONS OF INTEREST

All Members who believe they have a personal or a personal prejudicial interest in any matter to be considered at the meeting must declare their personal interest and having regard to the circumstances described in paragraphs 9, 10, 11 and 12 of the County Council's Code of Conduct, consider whether to leave the meeting whilst the matter is discussed.

2 CHAIRMAN'S COMMUNICATIONS

3 DEPUTATIONS

4 MINUTES (Copy herewith)

To confirm the Minutes of the meeting held on 28 May 2004.

5 DRAFT FUNDING STRATEGY STATEMENT AND STATEMENT OF INVESTMENT PRINCIPLES (Report herewith)

To consider the report of the County Treasurer detailing the draft Funding Strategy Statement and updated draft of the Fund's Statement of Investment Principles (SIP).

6 EXCLUSION OF PRESS AND PUBLIC

RECOMMENDATION:

That, by virtue of paragraph 7 of Part 1 of Schedule 12A of the Local Government Act 1972 the press and public be excluded from the meeting during consideration of items 7 and 8.

7 MANAGERS' INVESTMENT POLICIES AND PERFORMANCE (CONFIDENTIAL) (Report herewith)

To consider the confidential report of the County Treasurer.

8 ECONOMIC AND MARKET OUTLOOK (CONFIDENTIAL) (Report herewith)

To consider the confidential report of the County Treasurer.

County Councillors attending as appointed members of this panel or by virtue of Standing Order 17.5; or with the concurrence of the Chairman in connection with their duties as members of the Council or as a local County Councillor qualify for travelling expenses.

Independent Members similarly qualify for payment of travelling expenses.

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