PWYLLGOR CRONFA BENSIWN DYFED

28/11/2019

 

 

Y DIWEDDARAF AM BARTNERIAETH PENSIYNAU CYMRU

 

Y Pwyllgor Cronfa Bensiwn Dyfed i gael y wybodaeth ddiweddaraf gan yr awdurdod lletyol am gerrig milltir a chynnydd Partneriaeth Pensiwn Cymru.

 

Yr Argymhellion / Penderfyniadau Allweddol Sydd Eu Hangen:                                                                     

Yr awdurdod lletyol i ddarparu’r wybodaeth ddiweddaraf am garreg filltir a chynnydd Partneriaeth Pensiynau Cymru.

 

Y Rhesymau:

Yr awdurdod lletya i roi diweddariad ar gynnydd mewn perthynas â’r meysydd allweddol a ganlyn:                    

·         Llywodraethu

·         Sefydlu parhaus

·         Gwasanaethau gweithredwr

·         Cyfathrebu ac adrodd

·         Hyfforddiant a chyfarfodydd

·         Adnoddau, cyllideb a ffioedd

 

Ymgynghorwyd â'r pwyllgor craffu perthnasol

AMHERTHNASOL                                          

 

Angen i’r Bwrdd Gweithredol wneud penderfyniad  AMHERTHNASOL  

 

Angen i’r Cyngor wneud penderfyniad  AMHERTHNASOL                   

 

 

Y Gyfarwyddiaeth:

Enw Pennaeth y Gwasanaeth:

Chris Moore

Awdur yr Adroddiad:

Chris Moore

 

Swyddi:

Cyfarwyddwr y Gwasanaethau Corfforaethol,

Cyngor Sir Gâr

 

 

Rhif ffôn: 01267 224120

Cyfeiriad E-bost:

CMoore@sirgar.gov.uk

 


EXECUTIVE SUMMARY

DYFED PENSION FUND COMMITTEE

 28/11/2019

 

 

WALES PENSION PARTNERSHIP UPDATE

 

The 2019/20 Workplan was agreed by the Joint Governance Committee on 27 March 2019. This is a working document that will assist the Wales Pension Partnership achieve its overall objectives and goals for the year.

The current key areas for information are:

·         Governance Workshops – a number of the activities within the governance section can be achieved by holding Beliefs, Policies & Governance Workshops. The first workshop is being held immediately after this JGC meeting, it will be hosted by Hymans.

·         Online reporting portal – the online reporting portal has now been launched, where constituent authorities can access their individual fund’s monthly reports.

·         Fixed Income Transition Management Oversight Advisor – Hymans has been awarded the contract for the Fixed Income Transition Management Oversight Advisor role and they are going to be working with Link and the host authority in appointing a Fixed Income Transition Manager.

·         Website – the bilingual WPP website will be going live after this JGC. There are some areas of the website that are still under development. The website contents will be administered by the Host Authority going forward. The website address is - www.walespensionpartnership.org

·         Communications & Training – a number of the key activities including the creation / development of the communications plan and training plan are in the process of being developed following the communication workshop that took place after the JGC on 28 June 2019. More details will follow at the next JGC in December.

·         MHCLG Update – MLCLG have asked each pool for a progress update on the following areas:

1.    Transition of assets at pool level,

2.    Transition of assets by pool members, and

3.    Costs and savings.

This update is to be returned to MHCLG by 20 September 2019 and will be circulated to all JGC members.

Updated 2019/20 workplan attached

DETAILED REPORT ATTACHED?

YES


IMPLICATIONS

 

 

 

I confirm that other than those implications which have been agreed with the appropriate Directors / Heads of Service and are referred to in detail below, there are no other implications associated with this report :

 

Signed:       C Moore                                                            Director

 

 

Policy, Crime & Disorder and Equalities

 

Legal

Finance

ICT

Risk Management Issues

Staffing Implications

Physical Assets 

 

YES

 

NONE

 

NONE

 

NONE

 

NONE

 

NONE

 

NONE

 

Policy

A number of policy and procedure documents, including the Responsible Investment policy and will become formal documents for the Wales Pension Partnership.

 

 

 


 

CONSULTATIONS

 

I confirm that the appropriate consultations have taken in place and the outcomes are as detailed below

 

Signed:     C Moore                                                             Director

 

 

1. Scrutiny Committee

NA

2.Local Member(s) 

NA

3.Community / Town Council

NA

4.Relevant Partners 

NA

5.Staff Side Representatives and other Organisations 

NA

 

 

 

Section 100D Local Government Act, 1972 – Access to Information

List of Background Papers used in the preparation of this report:

THERE ARE NONE

Title of Document

 

File Ref No.

Locations that the papers are available for public inspection