About TfL Pension Fund

Committees

There are a number of committees who are responsible for looking after different aspects of the Fund. You can find out all about them below.

Actuarial Valuation Committee

Deals with all actuarial matters concerning the Fund.

TfL Nominated
Maria Antoniou (Chair)
Rebecca O'Donnell
Non-TfL Nominated
Stephen Ellaby
Chris Miller

Alternatives and Liability Hedging Committee

Covers investment matters concerning alternative assets and liability hedging, including strategy, the appointment and monitoring of investment managers and monitoring the overall benchmark for the Fund's portfolio.

TfL Nominated
Mark Evers (Chair)
Rebecca O'Donnell
Non-TfL Nominated
Paul Murphy
John Timbrell

Appeals Committee

Deals with the second stage of disputes in accordance with the Fund's Internal Disputes Resolution Procedure.

TfL Nominated
Mercillina Adesida
Tricia Ashton (Chair)
Julian Thirlby
Non-TfL Nominated
Stephen Ellaby
Sonja Folarin
Paul Kilius-Smith

Audit & Risk Committee

Oversees the Fund's financial affairs, including the external audit, internal controls, accounting policies, corporate governance and risk reviews.

TfL Nominated
Tom Cunnington
Chris Reader
James Terry
Non-TfL Nominated
Finn Brennan
Lewis Brown (Chair)
John Leach

Investment Committee

Covers investment matters concerning equities and bonds, including strategy and the appointment and monitoring of investment managers and the custodian.

TfL Nominated
Tricia Ashton
Mark Evers
Rebecca O'Donnell
Julian Thirlby
Non-TfL Nominated
Lewis Brown
Paul Kilius-Smith
Paul Murphy
John Timbrell (Chair)

Operations Committee

Deals with budgets, communications, performance reviews and membership statistics matters. The Fund Office refers to the Operations Committee when guidance is required on certain individual cases.

TfL Nominated
Mercillina Adesida
Tom Cunnington
Chris Reader
James Terry
Non-TfL Nominated
Finn Brennan
Lewis Brown
Sonja Folarin
Paul Murphy (Chair)