Decision details

Progress on Delivering the Lancashire County Pension Fund Strategic Plan

Decision Maker: Pension Fund Committee

Decision status: Recommendations approved

Is Key decision?: No

Decisions:

The Head of Fund presented an update on the delivery of the specific objectives set out in the Lancashire County Pension Fund (LCPF) Strategic Plan.

 

It was reported that the creation of the Local Pension Partnership (LPP) and LPP Investments Limited had resulted in changes that had required some of the plans to be reviewed as certain objectives would be managed directly by LPP rather than the County Council. The Committee noted that as the LPP developed and the transition of assets continued a new Strategy for the LCPF would be drafted and presented to the Committee in September 2017.

 

Resolved:

 

1.  That the progress made on the delivery of the Lancashire County Pension Fund Strategic Plan, as set out in the report presented, is noted.

 

2.  That a draft revised Strategic Plan for the Lancashire County Pension Fund be presented to the meeting on the 15th September 2017.

 

Report author: Abigail Leech

Date of decision: 30/06/2017

Decided at meeting: 30/06/2017 - Pension Fund Committee

Accompanying Documents: