Our annual meeting receives an overwhelmingly positive reception…

The 212 delegates, representing contributing employers and trade unions, attending Strathclyde Pension Fund’s annual meeting on Friday 20 June voted the annual meeting a great success.

Feedback questionnaires from the delegates rated the annual meeting very highly, with Tim Hazelwood’s presentation about implementing the new local government pension scheme (LGPS) on 1 April 2009 receiving a particularly favourable response.

A full set of the slides used at the meeting, together with a list of delegates and biographies of the speakers, is available by clicking on Annual Meeting 2008.

From a contributing employer’s perspective:

· The planning assumption for employer contribution rates for the next three years commencing 1 April 2009 are 295%, 310% and 330%.
· The investment strategy looks robust against a background of difficult market conditions.
· The Fund is devoting significant resource to data cleansing.
· The main workstreams needed for the new LGPS have been fleshed out.

Annual meeting organiser, Doreen Shannon, picked out two comments from the feedback questionnaires to sum up the event:

· “An excellent speaker who makes pensions fun”.
· “I could listen to the Professor all day”.