Decision details

PwC Report on the outcomes of the LPP Partnership

Decision status: Recommendations approved

Is Key decision?: No

Decisions:

Exempt information as defined in Paragraph 3 of Part 1 of Schedule 12A to the Local Government Act 1972. It was considered that in all the circumstances of the case the public interest in maintaining the exemption outweighed the public interest in disclosing the information.

 

The Head of Fund presented a report on the findings of an external review of the Local Pensions Partnership which had concluded that performance had been satisfactory and that where there had been exceptions the Fund had been made aware in advance or had subsequently been provided with a reasonable, substantiated explanation.

 

Resolved:

 

1.  That the findings of the independent review and response from the Local Pensions Partnership, as set out in the Appendix to the report presented, are noted.

 

2.  That the intention for the Local Pensions Partnership and shareholders to undertake a balanced score card exercise over the next 3 years is noted and that the Committee be kept informed of future developments.

 

Report author: Helen Gallacher

Date of decision: 29/03/2019

Decided at meeting: 29/03/2019 - Pension Fund Committee

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