The Director updated the Authority on the process of discussions with funds that may wish to join Border to Coast, and the development of new capabilities as part of the Border to Coast 2030 Strategy and in response to the Government’s Local Government Pension Scheme (LGPS) – Fit for the Future consultation.

Members discussed potential implications and costs involved with admitting new funds to Border to Coast Pensions Partnership and acknowledged the deadline of March 2026 to enact any changes.

RESOLVED: Members

a.    Noted the position on the potential growth of the Border to Coast Pensions Partnership set out in the body of the report.

b.    Noted the positive progress with the development of new capabilities by the Border to Coast operating company.

c.     Commented on any concerns that may arise because of the expansion of the Border to Coast Pensions Partnership.

CHAIR