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 Bedfordshire 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.
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.
View the Pension Fund Committee's membership and dates and agendas for future meetings.
View minutes of Committee meetings.
View the Committee minutes archive (May 2006 - February 2009)