Bedfordshire Pension Fund Website

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Pension Fund Committee

The Pension Fund Committee considers both Pension Fund Investment and Pension Fund administration matters.   The Committee consists of nominated elected members of Bedford Borough Council, Central Bedfordhire Council and Luton Borough Council.  A scheme member representative, nominated by the Trade Unions, is invited to sit on the Committee in an observer role.  An independent investment advisor sits on the Committee in an advisory role.  The Committee also takes advice from Borough Council officers and from external professional investment advisors (Hymans Robertson). 

 

The Committee supervises the overall arrangements for management of the Fund's assets.  It appoints external fund managers to manage the Fund's assets and monitors their performance.  The key principle in the prudent management of the Fund's assets is maintaining the optimum balance between risk and return.  The Committee seeks to achieve this by ensuring that its assets are spread over a variety of different asset classes, both in the UK and overseas and with different managers. 

 

Membership of the Pension Fund Committee, along with dates and agendas for future meetings, can be viewed here

Recent minutes of the Pension Fund Committee can be viewed here

 

Minutes from 06/07, 07/08 and 08/09 can be viewed here