Local Pensions Partnership Annual Report 2017/18
Decision Maker: Pension Fund Committee
Decision status: Recommendations approved
Is Key decision?: No
The Head of Fund presented a report on the Local Pensions Partnership Annual Report for 2017/18 which had been approved by the LPP Board on the 31st July 2018.
In considering the report the Committee acknowledged that the Local Pensions Partnership Group had made a loss of £2.110m in the year compared to a profit in 2017 of 3.443m and noted that the situation was expected to be rectified over the 5 year budget period.
Resolved: That the Local Pensions Partnership Annual Report for 2017/18, as set out at Appendix 'A' to the report presented, is noted.
Report author: Paul Dobson
Date of decision: 14/09/2018
Decided at meeting: 14/09/2018 - Pension Fund Committee