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.
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)
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