Decision details

Not for Publication – Exempt information as defined in Paragraph 3 of Part 1 of Schedule 12 A to the Local Government Act 1972. It is considered that in all the circumstances of the case the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

The Board noted the presentation made to the Pension Fund Committee meeting on the planned Administration Transformation Plan. 

The Board welcomed the ambitious scope of the plan, but in view of its scale and the lack of details provided at this stage, and the importance of smooth administration to the efficient running of the Fund, were concerned that there be some independent assurance in place that the risks involved in making major changes to the administrative functions have been considered and mitigating measures put in place to manage them.

Resolved: That the Pension Fund Committee be recommended to consider instructing an independent party to review the LPP Administration Transformation Plan ahead of its implementation, and provide both the Board and themselves with appropriate assurances on this point.