Approve LPPI shareholding, Brunel wind‑down and delegated authority
The council agreed to let the Fund own shares in LPPI, close down Brunel Pension Partnership Ltd., and give the Head of Pensions and Treasury permission to carry out these steps.
Pensions Committee·2026-03-12·Approved
Plain-English summaries and outcome labels are Cornwall Political Watch's own AI extractions from the published minutes, not Cornwall Council wording. Where a “From the minutes” quote is shown, it is verbatim from the minutes the outcome was extracted from.
Description
The Committee approved the Fund becoming a shareholder of LPPI, the wind‑down of Brunel Pension Partnership Ltd., and delegated authority to the Head of Pensions and Treasury to implement these actions.
Individual Votes
No individual votes recorded.
Related decisions
Also from this meeting
- Adopt minutes of Pensions Committee meeting 10 Dec 2025(Approved)
- Adopt Funding Strategy Statement (effective 1 April 2026)(Approved)
- Approve Business Plan 2026‑29 and budget(Approved)
- Note Pension Benefits report and seek clarification(Noted)
- Note governance update and seek clarification(Noted)
More from Pensions Committee
- Councillor Thomas elected Chairman18 Jun 2026 · Resolved
- Detailed Fund position and Hymans Cashflow Forecast noted18 Jun 2026 · Resolved
- Fund administration activity update noted18 Jun 2026 · Resolved
- Fund's position as at 31 March 2026 noted18 Jun 2026 · Resolved
- Councillor Burnett elected Vice-Chairman18 Jun 2026 · Resolved
More budget & finance decisions
- Medium-Term Financial Plan strategic framework for budget setting29 Jul 2026 · Resolved
- Audit Committee Annual Report 2025/26 approval21 Jul 2026 · Resolved
- FaSS Project Match Funding Commitment9 Jul 2026 · Resolved
- Harbour Performance Against Budget Approval (Second Item)9 Jul 2026 · Resolved
- Harbour Performance Against Budget Approval9 Jul 2026 · Resolved