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City and County of Swansea Pension Fund
PENSION FUND ANNUAL REPORT & STATEMENT OF ACCOUNTS 2017/2018 ANNUAL REPORT & STATEMENT OF ACCOUNTS 2017/2018 44484-18 ANNUAL REPORT & STATEMENT OF ACCOUNTS 2017/2018 PENSION FUND Page Introduction 2 Three Year Profile of Statistics of the Fund 3 Part A - Administration Report 4 Membership 5 Premature Retirement – Pension Costs 5 Administration 6 Legislative Changes 11 Wales Pension Partnership 13 Local Pension Board - Annual Report 14 Annual Governance Statement 17 Part B - Statement of Responsibilities 51 Independent Auditors Statement 52 Statement of Accounts 2017/18 5535 Notes to the Accounts 5568 Part C - Investment Report 8879 Budget Forecast 8879 Investment Strategy 9088 Investment Fund Management 9088 Valuation of Investments 9189 Distribution of Investments 9902 Investment Returns 9924 Market Commentary 9935 Investment Performance of the Fund 9946 Part D - Actuarial Report 9957 Actuarial Position 9957 Valuation Assumptions 9968 Certificate of the Actuary 10199 Appendices - Investment Strategy Statement 111214 Funding Strategy Statement 112224 Governance Statement 114952 Communications Policy 117377 1 PENSION FUND 1 Introduction The purpose of the Annual Report is to provide information for contributors and other interested parties on the management and administration of the Pension Fund during the year. The report for 2017/18 includes the accounts for the year, an outline of the City & County Council Pension Fund together with details of membership and changes to basic scheme details that have either taken place during the year or are proposed for the future. In addition, the report includes the Actuarial Statement applicable for the year and a report on Investments and Investment performance for the year. The accounts included in the report have been prepared in accordance with the Code of Practice on Local Authority Accounting in the United Kingdom 2017/18 which is based upon International Financial Reporting Standards (IFRS), as amended for the UK public sector. -
Residential Allocations Settlement Site Code Site Name Brecon B15
Residential Allocations Settlement Site Code Site Name Brecon B15 Cwmfalldau Fields (Under construction) CS28 Cwmfalldau fields extension CS93 Slwch House Field CS132 UDP allocation B17 opposite High School, North of Hospital (Mixed Use site of which 4.55ha is allocated for housing) DBR-BR-A Site located to the North of Camden Crescent and to the East of the Breconshire War Memorial Hospital DBR-BR-B Site located to the north of Cradoc Close and west of Maen-du Well Crickhowell DBR-CR-A Land above Televillage Hay-on-Wye DBR-HOW-A Land opposite The Meadows DBR-HOW-C Land adjacent to Fire Station DBR-HOW-K Land adjacent to Caemawr Cottages CS136 UDP allocation H6 Former Health Centre Sennybridge & Defynnog SALT 002/092 Land at Castle Farm CS138 Glannau Senni Talgarth T9 UDP allocation Land North of Doctors Surgery CS137 Hay Road (Mixed Use site of which 0.75ha is allocated for housing) Bwlch DBR-BCH-J Land adjacent to Bwlch Woods Crai CS43 Land SW of Gwalia CS42 Land at Crai Gilwern CS102 Lancaster Drive (Former UDP allocation GW2) Govilon CS39/69/70/ Land at Ty Clyd 88/89/99 Libanus DBR-LIB-E Land adjacent Pen y Fan Close Llanbedr DBR-LBD-A Land adjacent to St Peter’s Close Llanfihangel DBR-LC-D Land opposite Pen-y-Dre Farm Crucorney Llanigon DBR-LGN-D Land opposite Llanigon County Primary School Llanspyddid DBR-LPD-A Land off Heol St Cattwg Pencelli CS120 Land south of Ty Melys Pennorth DBR-PNT-D Land adjacent to Ambelside Ponsticill CS91 Land to the West of Pontsicill House, Pontsticill CS55 Land adjacent to Penygarn DBR-PSTC-C Land at end of Dan-y-Coed CS139 UDP allocation PST1 adj. -
2 Powys Local Development Plan Written Statement
Powys LDP 2011-2026: Deposit Draft with Focussed Changes and Further Focussed Changes plus Matters Arising Changes September 2017 2 Powys Local Development Plan 2011 – 2026 1/4/2011 to 31/3/2026 Written Statement Adopted April 2018 (Proposals & Inset Maps published separately) Adopted Powys Local Development Plan 2011-2026 This page left intentionally blank Cyngor Sir Powys County Council Adopted Powys Local Development Plan 2011-2026 Foreword I am pleased to introduce the Powys County Council Local Development Plan as adopted by the Council on 17th April 2017. I am sincerely grateful to the efforts of everyone who has helped contribute to the making of this Plan which is so important for the future of Powys. Importantly, the Plan sets out a clear and strong strategy for meeting the future needs of the county’s communities over the next decade. By focussing development on our market towns and largest villages, it provides the direction and certainty to support investment and enable economic opportunities to be seized, to grow and support viable service centres and for housing development to accommodate our growing and changing household needs. At the same time the Plan provides the protection for our outstanding and important natural, built and cultural environments that make Powys such an attractive and special place in which to live, work, visit and enjoy. Our efforts along with all our partners must now shift to delivering the Plan for the benefit of our communities. Councillor Martin Weale Portfolio Holder for Economy and Planning -
Garw Valley Community Sports Hubs – Feasibility Study
GARW VALLEY COMMUNITY SPORTS HUBS – FEASIBILITY STUDY A REPORT BY JANUARY 2018 CONTENTS Page Section 1 – Introduction and Background 1 Section 2 – Need Analysis 3 Section 3 – Community Hub Options and Financial 12 Projections Section 4 – Conclusions and Way Forward 27 APPENDICES Appendix A – Market Segmentation Appendix B – Facility Audit Appendix C – Facility Analysis Appendix D – Management Options Appendix E – Financial Projections Appendix F – Stakeholder Workshop Attendees Appendix G – Project Plan SECTION 1 – INTRODUCTION AND BACKGROUND Introduction 1.1 Bridgend County Borough Council (the Council) as lead body for Reach (the Rural Development Programme for Bridgend) is currently seeking to explore the potential for the development of one or more sports based community sports hubs in the Garw Valley. 1.2 As a result RPT Consulting has been appointed to develop a feasibility study for community sports hubs based in the Garw Valley, which will seek to address the needs of the local population and key stakeholders. Background 1.3 Currently in the Garw Valley as with all other areas in Bridgend, sports and community groups are considering the transfer of sports and community venues and assets from the Council, through the Community Asset Transfer (CAT) process. 1.4 Some of the assets within the Garw Valley are in a poor state of repair and well below an acceptable standard. The cost of repairing and maintaining these assets is beyond the reach of many of the sport and community groups and therefore a potential solution is being sought to ensure that sporting and community activities are not lost. 1.5 To support the CAT process, Reach has already produced a ‘Rural Community Asset Transfer Toolkit’ which provides groups with a step by step guide to asset transfer and also commissioned a report ‘Review of Sustainable Community Venues and Assets in Bridgend County Borough’, which provides a detailed understanding of the issues faced by groups who both currently are or are considering managing/owning/leasing community facilities. -
Geographical Indications: Gower Salt Marsh Lamb
SPECIFICATION COUNCIL REGULATION (EC) No 1151/2012 on protected geographical indications and protected designations of origin “Gower Salt Marsh Lamb” EC No: PDO (X) PGI ( ) This summary sets out the main elements of the product specification for information purposes. 1 Responsible department in the Member State Defra SW Area 2nd Floor Seacole Building 2 Marsham Street London SW1P 4DF Tel: 02080261121 Email: [email protected] 2 Group Name: Gower Salt Marsh Lamb Group Address: Weobley Castle, Llanrhidian Gower SA3 1HB Tel.: 01792 390012 e-mail:[email protected] Composition: Producers/processors (6) Other (1) 3 Type of product Class 1.1 Fresh Meat (and offal) 4 Specification 4.1 Name: ‘Gower Salt Marsh Lamb’ 4.2 Description: ‘Gower Salt Marsh Lamb’ is prime lamb that is born reared and slaughtered on the Gower peninsular in South Wales. It is the unique vegetation and environment of the salt marshes on the north Gower coastline, where the lambs graze, which gives the meat its distinctive characteristics. ‘Gower Salt Marsh Lamb’ is a natural seasonal product available from June until the end of December. There is no restriction on which breeds (or x breeds) of sheep can be used to produce ‘Gower Salt Marsh Lamb’. However, the breeds which are the most suitable, are hardy, lighter more agile breeds which thrive well on the salt marsh vegetation. ‘Gower Salt Marsh Lamb’ is aged between 4 to 10 months at time of slaughter. All lambs must spend a minimum of 2 months in total, (and at least 50% of their life) grazing the salt marsh although some lambs will graze the salt marsh for up to 8 months. -
Königreichs Zur Abgrenzung Der Der Kommission in Übereinstimmung
19 . 5 . 75 Amtsblatt der Europäischen Gemeinschaften Nr . L 128/23 1 RICHTLINIE DES RATES vom 28 . April 1975 betreffend das Gemeinschaftsverzeichnis der benachteiligten landwirtschaftlichen Gebiete im Sinne der Richtlinie 75/268/EWG (Vereinigtes Königreich ) (75/276/EWG ) DER RAT DER EUROPAISCHEN 1973 nach Abzug der direkten Beihilfen, der hill GEMEINSCHAFTEN — production grants). gestützt auf den Vertrag zur Gründung der Euro Als Merkmal für die in Artikel 3 Absatz 4 Buch päischen Wirtschaftsgemeinschaft, stabe c ) der Richtlinie 75/268/EWG genannte ge ringe Bevölkerungsdichte wird eine Bevölkerungs gestützt auf die Richtlinie 75/268/EWG des Rates ziffer von höchstens 36 Einwohnern je km2 zugrunde vom 28 . April 1975 über die Landwirtschaft in Berg gelegt ( nationaler Mittelwert 228 , Mittelwert in der gebieten und in bestimmten benachteiligten Gebie Gemeinschaft 168 Einwohner je km2 ). Der Mindest ten (*), insbesondere auf Artikel 2 Absatz 2, anteil der landwirtschaftlichen Erwerbspersonen an der gesamten Erwerbsbevölkerung beträgt 19 % auf Vorschlag der Kommission, ( nationaler Mittelwert 3,08 % , Mittelwert in der Gemeinschaft 9,58 % ). nach Stellungnahme des Europäischen Parlaments , Eigenart und Niveau der vorstehend genannten nach Stellungnahme des Wirtschafts- und Sozialaus Merkmale, die von der Regierung des Vereinigten schusses (2 ), Königreichs zur Abgrenzung der der Kommission mitgeteilten Gebiete herangezogen wurden, ent sprechen den Merkmalen der in Artikel 3 Absatz 4 in Erwägung nachstehender Gründe : der Richtlinie -
Bridgend County for Legendary Family Adventures Welcome to Bridgend County
Bridgend County for legendary family adventures Welcome to Bridgend County Stroll among some of Europe’s tallest sand dunes Surf some of the UK’s best waves Delve deep into Wales’ fascinating history Play a round of world-class, yet unstuffy golf All to the stunning backdrop of the all-Wales Coast Path The perfect spot for a fun-packed family holiday Dare to Discover a part of Wales you may not know much about. Easy to get to, the County of Bridgend lies between Cardiff, Swansea and the Brecon Beacons National park. This area is also part of the Glamorgan Heritage Coast – an area of spectacular cliffs, coves, sand dunes and miles of sandy beaches. This brochure will help you discover things to DO, places to STAY and events to SEE in Bridgend County. www.bridgendbites.com Bridgend-Bites @bridgendbites “ What could be more perfect, this is my perfect day in Bridgend, I’m home and I love it”. David Emanuel Horse riding at Ogmore Castle #perfectday Bridgend 2 Dare to Discover bridgendbites.com 3 ‘ A Legendary family adventure’ top family- friendly adventures: Seek out the amazing keepers of Bridgend County. Bring them to life with poems and videos using the dare to Discover App. From the mighty Merthyr Mawr dunes to the rugged Welsh valleys. Explore the golden Can you find all 14? Climb the mighty sands of Rest Bay, a ‘Big Dipper’, one of haven for surfing, body Europe’s tallest sand boarding and countless dunes. Feel the rush other watersports. as you sled to the Skip across stepping Pedal through rugged Just one of 7 beautiful bottom! stones in the shadow valleys as you wind sandy beaches. -
Bridgend County Borough Profile – 2018
Bridgend County Borough Profile – 2018 Introduction Bridgend County Borough is located in the heart of South Wales, centered between the principality’s two main cities; Cardiff to the east and Swansea to the west. The county borough is bordered by Neath Port Talbot to the west and north, Rhondda Cynon Taff also to the north and north east, and by the Vale of Glamorgan to the east. It has an area of about 25,500 hectares and has a population of 143,400 (ONS Population estimate). Extending approximately 20km from east to west, the area encompasses the Ogmore, Garw and Llynfi valleys to the north, and bordering the Bristol Channel to the south. The main commercial centres are Bridgend and Maesteg and the seaside resort of Porthcawl. Bridgend is the largest of these towns and is the administrative centre for the area. The county borough benefits from excellent transportation infrastructure with the M4 motorway crossing the southern part of the county borough in an east-west alignment, providing speedy access to Cardiff, Swansea and the rest of South Wales and beyond. There are three motorway junctions (35 – 37) within the county borough. Additionally, an inter-city high speed rail service linking the area with the whole of the national rail network provides fast and efficient rail transport whilst Cardiff Airport is only 15 miles away. Bridgend is also well connected to the sea ports, with Barry, Cardiff, Port Talbot and Swansea within 30 minutes drive-time. Figure 1 above shows the county borough’s main roads and settlements Support for business in Bridgend County Borough Bridgend County Borough falls within the West Wales and Valleys area for European regional aid purposes. -
Review of Community Boundaries in the County of Powys
LOCAL GOVERNMENT BOUNDARY COMMISSION FOR WALES REVIEW OF COMMUNITY BOUNDARIES IN THE COUNTY OF POWYS REPORT AND PROPOSALS LOCAL GOVERNMENT BOUNDARY COMMISSION FOR WALES REVIEW OF COMMUNITY BOUNDARIES IN THE COUNTY OF POWYS REPORT AND PROPOSALS 1. INTRODUCTION 2. POWYS COUNTY COUNCIL’S PROPOSALS 3. THE COMMISSION’S CONSIDERATION 4. PROCEDURE 5. PROPOSALS 6. CONSEQUENTIAL ARRANGEMENTS 7. RESPONSES TO THIS REPORT The Local Government Boundary Commission For Wales Caradog House 1-6 St Andrews Place CARDIFF CF10 3BE Tel Number: (029) 20395031 Fax Number: (029) 20395250 E-mail: [email protected] www.lgbc-wales.gov.uk Andrew Davies AM Minister for Social Justice and Public Service Delivery Welsh Assembly Government REVIEW OF COMMUNITY BOUNDARIES IN THE COUNTY OF POWYS REPORT AND PROPOSALS 1. INTRODUCTION 1.1 Powys County Council have conducted a review of the community boundaries and community electoral arrangements under Sections 55(2) and 57 (4) of the Local Government Act 1972 as amended by the Local Government (Wales) Act 1994 (the Act). In accordance with Section 55(2) of the Act Powys County Council submitted a report to the Commission detailing their proposals for changes to a number of community boundaries in their area (Appendix A). 1.2 We have considered Powys County Council’s report in accordance with Section 55(3) of the Act and submit the following report on the Council’s recommendations. 2. POWYS COUNTY COUNCIL’S PROPOSALS 2.1 Powys County Council’s proposals were submitted to the Commission on 7 November 2006 (Appendix A). The Commission have not received any representations about the proposals. -
For Sale by Private Treaty Guide Price £215,000
For Sale by Private Treaty Approximately 47.27 Acres of Land Formerly part of Tyn-y-Bettws Farm Bettws Bridgend CF32 8SG Guide Price £215,000 BRIDGEND PENARTH COWBRIDGE T 01656 644 288 T 029 2071 2266 T 01446 774 152 E [email protected] E [email protected] E [email protected] www.wattsandmorgan.wales wattsandmorgan @WattsandMorgan Approximately 47.27 Acres of Land Formerly part of Tyn y Bettws Farm, Bettws, Bridgend, CF32 8SG SITUATION BOUNDARIES The property is situated in between the villages of Bettws The responsibility for boundaries, where known, is as and Llangeinor within the Garw Valley with road frontage shown by the inward facing T marks on the attached onto Heol Richard Price. The M4 at junction 36 is located plan. some 3 miles south with Bridgend Town Centre situated a further 2.5 miles south. TENURE AND POSSESSION The freehold interest is offered for sale with the BRIEF DESCRIPTION benefit of vacant possession upon completion. The property extends to approximately 47.27 acres of pastureland in several enclosures which is in part level RIGHTS OF WAY & RESTRICTIONS and in part sloping on an easterly gradient. The land is The property is sold subject to and with the benefit of currently laid to permanent pasture and is considered all rights of way, wayleaves, access, water, light suitable for agricultural and equestrian purposes. drainage, and other easements, quasi easements, covenants, restriction orders etc., as may exists over FENCING the same of for the benefit of same, whether The land, for the most part, is stockproof fenced although mentioned in these particulars or not. -
St Bride's Minor Community Council
ST BRIDES MINOR COMMUNITY COUNCIL MINUTES OF THE ORDINARY MEETING OF ST BRIDES MINOR COMMUNITY COUNCIL HELD ON MONDAY 8TH JANUARY 2018 AT SARN LIFE LONG LEARNING CENTRE PRESENT Councillors: F Watkins (Vice-Chair) P Harris S Hyde D Lewis (from 7.05 pm) J Lewis (from 7.05 pm) Y Nott J Phillips L Richards M Williams Apologies: E Jones (Chair) M Nott G Thomas Clerk: Ann Harris Public: No public in attendance . 1 The Vice-Chair acting as Chair for the meeting, welcomed all Members and guests to the first Community Council meeting of 2018 and wished them all good wishes for the coming year. Minute No: 92/17-18 ITEM 2 TO RECEIVE DECLARATIONS OF INTEREST Name Minute Declaration Speak/Vote Number David Lewis /17-18 BCBC – Development Control & Planning No/No Janice Lewis /17-18 BCBC – Development Control & Planning No/No Y Nott /17-18 Sarn Life Long Learning Centre No/No J Phillips /17-18 Sarn Life Long Learning Centre No/No F Watkins /17-18 Sarn Life Long Learning Centre No/No 93/17-18 ITEM 3 TO RECEIVE A REPRESENTATIVE FROM THE CHARITY FURNITURE AID Two representatives attended the meeting and gave some background information about the structure of the charity and the work they do. They explained the role the charity plays in helping people in poverty and how it collects, cleans, repairs and redistributes unwanted furniture and household items. Resolved: The information given was noted. The Clerk was given some information literature for Members to take away with them. 94/17-18 ITEM 4 TO READ, CONSIDER AND APPROVE THE MINUTES OF THE ORDINARY NOVEMBER 2017 AND DECEMBER 2017 PRECEPT MEETING MINUTES Resolved: To accept the minutes of the Meetings held on 13th November and 11th December 2017 as a true and accurate record. -
The National and Community Averages Being 228 And
19 . 5 . 75 Official Journal of the European Communities No L 128/231 COUNCIL DIRECTIVE of 28 April 1975 concerning the Community list of less-favoured farming areas within the meaning of Directive No 75/268/EEC (United Kingdom ) (75/276/EEC ) THE COUNCIL OF THE EUROPEAN COMMUNITIES, 75% of the national average (£ 1 072 and £ 1 436 respectively); Having regard to the Treaty establishing the Euro pean Economic Community ; Whereas the index relating to the low population density referred to in Article 3 ( 4) ( c ) of Directive Having regard to Council Directive No 75/268/ No 75/268/EEC does not exceed 36 inhabitants per EEC (*) of 28 April 1975 on mountain and hill square kilometre ( the national and Community farming and farming in certain less-favoured areas , averages being 228 and 168 inhabitants per square and in particular Article 2 ( 2 ) thereof ; kilometre respectively ; whereas the minimum propor tion of the working population engaged in agriculture as a percentage of the total working population is Having regard to the proposal from the Commission ; 19% ( the national and Community averages being 3-08 and 9-58 % respectively); Having regard to the Opinion of the European Parliament ; "Whereas the nature and level of the abovementioned indices, utilized by the Government of the United Having regard to the Opinion of the Economic and Kingdom to define the areas notified to the Commis Social Committee ( 2 ); sion , corresponds to the characteristics of less favoured farming areas referred to in Article 3 (4) of Whereas the United