Issue - meetings
LGPS Pooling ACCESS Update
Meeting: 26/02/2018 - Pension Committee (Item 59)
59 Local Government Pension Scheme (LGPS) Pooling - ACCESS update 
PDF 169 KB
Additional documents:
Minutes:
59.1 The Committee considered a report on the progress of the ACCESS pooled fund.
59.2 The Committee RESOLVED to note the report.
Meeting: 08/02/2018 - Pension Board (Item 48)
48 Local Government Pension Scheme (LGPS) Pooling - ACCESS update PDF 168 KB
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48.1. The Board considered a report providing an update on the ACCESS pooled fund.
48.2. OO said that an announcement was expected in the next two weeks confirming the appointment of an operator to manage the pooled investments of ACCESS.
48.3. The Chair explained that he had written to other Pension Board chairs in the ACCESS pool to agree a joint approach to requesting information from ACCESS to avoid ACCESS officers having to provide bespoke ways of presenting information to each board. Other chairs had been positive about the idea.
48.4. AE asked whether there will be union representation on the ACCESS Joint Committee as there is for the Brunel pooled fund. OO explained that union membership of the Joint Committee has been raised and discussed but no decision had yet been made. RS said that there was a difference between ACCESS and Brunel in so far as the latter was building its own operator and would therefore have direct control over it as the shareholders of the company. The Chair reminded the Board that it would still have the opportunity to influence the Committee and that the Committee would still decide which sub-funds ESPF funds were invested in.
48.5. The Board RESOLVED to note the report.