PENSION FUND PANEL


WEDNESDAY 8 JUNE 2005 AT 10.00 A.M.

WELLINGTON ROOM, THE CASTLE, WINCHESTER

LOUISE PICKFORD

7355

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 26 May 2005.

5 DRAFT LOCAL GOVERNMENT PENSION SCHEME AND MANAGEMENT AND INVESTMENT OF FUNDS (AMENDMENT) REGULATIONS 2005 - UPDATE (Report herewith)

To consider a report of the County Treasurer giving an update regarding the Draft Local Government Pension Scheme and Management and Investment Of Funds (Amendment) Regulations 2005.

6 STATEMENT OF INVESTMENT PRINCIPLES - REPRESENTATION POLICY STATEMENT (Report herewith)

To consider a report of the County Treasurer concerning the Statement of Investment Principles - Representation Statement.

7 TREASURY REVIEW OF THE MYNERS PRINCIPLES (Report herewith)

To consider a report of the County Treasurer concerning the Treasury Review of the Myners Principles.

8 MAGISTRATES' COURTS' COMMITTEE - STAFF TRANSFER TERMS (Report herewith)

To consider a report of the County Treasurer regarding transfer terms for staff within the Magistrates' Courts' Committee.

9 EXCLUSION OF PRESS AND PUBLIC

RECOMMENDATION:

That, by virtue of paragraphs 7 and 9 of Part 1 of Schedule 12A of the Local Government Act 1972 the press and public be excluded from the meeting during consideration of the following items.

10 PROPERTY (CONFIDENTIAL) (Report herewith)

To consider the confidential report of the County Treasurer.

11 PENSION FUND CASH POSITION (CONFIDENTIAL) (Report herewith)

To consider the confidential report of the County Treasurer.

12 ACTUARIAL VALUATION 31 MARCH 2004 -SUMMARY OF RESULTS (CONFIDENTIAL) (Report herewith)

To consider the confidential report of the County Treasurer.

13 REVIEW OF MANAGEMENT ARRANGEMENTS (CONFIDENTIAL) (Report herewith)

To consider the confidential report of the County Treasurer.

14 TENDERS FOR THE PROVISION OF ACTUARIAL SERVICES (CONFIDENTIAL) (Report herewith)

To consider the confidential report of the County Treasurer.

15 COMPARISON OF PERFORMANCE WITH OTHER LOCAL AUTHORITY PENSION FUNDS (CONFIDENTIAL) (Report herewith)

To consider the confidential report of the County Treasurer.

16 HERMES HEDGE FUND INVESTMENT OPPORTUNITY - UPDATE ON PERFORMANCE (CONFIDENTIAL) (Report herewith)

To consider the confidential report of the County Treasurer.

17 LOCAL GOVERNMENT PENSION SCHEME (LGPS) ADMINISTRATION (CONFIDENTIAL) (Report herewith)

To consider the confidential report of the County Treasurer.

This agenda is also available on the County Council's website (click on www.hants.gov.uk/decisions) and can be provided on request in large print or Braille or on disk. Contact details as shown above.

County Councillors attending as appointed members of this committee/sub-committee/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.