The committee received an update on key projects within the Shared Pensions Administration Service. This covers ongoing work to manage and improve pension services for council employees and other eligible scheme members.
The Pension Fund Panel reviewed how the council pension scheme is being managed and looked at potential risks that could affect it. This was a routine check-up on governance arrangements.
The council reviewed how well the pension fund investments performed in 2025. This fund pays pensions to retired council workers and other local government employees.
The council has reviewed how much money is needed to pay pensions for council workers. They checked the pension fund's value and updated their strategy for keeping it financially healthy.
The Pension Fund Panel has noted their planned schedule of meetings and topics they will cover over the next year. This is routine planning to organise their work.
The Pension Fund Panel reviewed how well the council's pension fund investments performed in the final quarter of 2025. This is a regular check on whether the pension money is being invested wisely.
The Pension Fund Panel allowed Councillor Giles to speak for up to 3 minutes about responsible investment and stewardship matters at their meeting. This follows standard council rules that let councillors speak on items they're interested in.
The Pension Fund Panel received an update on how well the shared pensions service is performing. This covers the administration of pensions for council employees and other local government workers.
The Pension Fund Panel noted the draft business plan for 2026-29 and budget for 2026-27 for Kingston's pension fund. This sets out how the fund will be managed and what it will cost to run over the next few years.
The Pension Fund Panel reviewed and updated the council's policy on responsible investing of pension money. This covers how the council invests pension funds in an ethical and sustainable way.
The council has approved a plan for how to invest the pension fund money, following a review that happens every three years. This affects how the council manages retirement funds for its employees.