Lancashire County Pension Fund Risk Register
Decision Maker: Pension Fund Committee
Decision status: Recommendations approved
Is Key decision?: No
The Head of Fund informed the meeting that the Risk Register presented to the Committee in December 2016 had been updated and finalised by risk owners and a copy of the final version was set out at Appendix 'A' to the report.
In considering the report the Committee noted that updates would be reported on a six monthly basis and it was requested that future reports highlight those areas where the assessment of risks had changed. It was recognised that the Pension Board had a role in monitoring the Risk Register and it was also suggested that members of the Committee have an opportunity to examine the Risk Register in detail at a future training workshop.
1. That the updated Risk Register, as set out in Appendix 'A' to the report presented, is noted.
2. That the Committee receive updates on a six monthly basis and that future reports highlight those areas in the Risk Register where the assessment of risk has changed.
3. That arrangements be made for members of the Committee to examine the Risk Register in detail at a future training workshop.
Report author: Abigail Leech
Date of decision: 30/06/2017
Decided at meeting: 30/06/2017 - Pension Fund Committee