The Barking and Dagenham Pensions Committee has agreed to increase the frequency of its meetings, aligning with the Pension Board's new schedule. The Pension Board, which scrutinises the governance of the fund and assists the committee, will now meet four times a year, up from its previous schedule of once a year. This change aims to ensure the Board can fulfil its responsibilities to its full potential, playing a more useful role in overseeing the fund.

Bar chart showing the rate of return for the pension fund and its benchmark index over various time periods.
Bar chart showing the rate of return for the pension fund and its benchmark index over various time periods.Source: Pensions Committee papers, 16 September 2026

The Pension Board's primary purpose is to scrutinise the governance of the fund. In practice, this means the Board can look at things that you may want looked at and do a deeper dive, perhaps. They also consider administration performance to be an important role.

This change was announced during the committee's meeting on Wednesday, September 16, 2026. The Pension Board plans to provide reports at future meetings, covering the work and activities of the Board. The Chair of the Pension Board stated, in future meetings, I'll be able to bring you a report of the pension board to these meetings.

Bar chart showing the longer-term performance of the pension fund in percentage per annum, with data for FYTD, 1 Year, 3 Years, 5 Years, 10 Years, and 20 Years.
Bar chart showing the longer-term performance of the pension fund in percentage per annum, with data for FYTD, 1 Year, 3 Years, 5 Years, 10 Years, and 20 Years.Source: Pensions Committee papers, 16 September 2026

By meeting more frequently, the Pension Board aims to provide better scrutiny of the fund's governance and administration performance, which are important for the members of the Barking and Dagenham pension fund. The increased frequency is part of an effort to ensure the Board can fulfil its responsibilities as a legal requirement with an independent oversight role.

A pie chart illustrating the asset allocation of the pension fund, with Equity being the largest component at 62.06%.
A pie chart illustrating the asset allocation of the pension fund, with Equity being the largest component at 62.06%.Source: Pensions Committee papers, 16 September 2026

Further details on the committee's agenda and reports can be found in the Public reports pack and the Agenda frontsheet for the meeting on Wednesday, September 16, 2026.