Issue - meetings

10:10

This report (PF6) is the first report of the Local Pension Board to the Pension Fund Committee in response to the request from the new Chairman of the Committee to have a dedicated item on each Committee Agenda where the Committee can properly discuss the work of the Board and any issues identified.

The Committee is RECOMMENDED to:

(a)             note and support the work programme of the Pension Board and advise of any additional areas of focus that they would wish the Board to prioritise;

(b)            note the comments of the Board in respect of the collection of scheme data and support the future investment in i-connect and greater standardisation of data collection practices;

(c)             consider the risk scores for risks 4, 8 and 10 as requested by the Pension Board; and

(d)            endorse the proposal that future meetings of both this Committee and the Pension Board should receive an update report on the progress on delivering the annual business plan.

(a)  noted and supported;

(b)  noted and supported;

(c)  considered at Agenda Item 8;

(d)  endorsed.

Members considered the first report of the Local Pension Board to the Committee (PF6). This was in response to a request from the new Chairman of the Committee to have a dedicated item on each committee Agenda where the Committee could properly discuss the work of the Board and issues identified.

RESOLVED to:

(a)                note and support the work programme of the Pension Board;

(b)                note the comments of the Board in respect of the collection of scheme data and support the future investment in i-connect and greater standardisation of data collection practices;

(c)                to consider the risk scores for risks 4, 8 and 10 at Agenda Item 8 ‘Risk Register’; and

(d)                endorse the proposal that future meetings of both this Committee and the Pension Board should receive an update report on the progress on delivering the annual business plan.