Decision details

The Committee considered a report setting out progress on delivering the Lancashire County Pension Fund Strategic Plan. The plan was structured around the following four dimensions that impact on the running of a successful pension fund:

·  Governance

·  Asset and Liability Management

·  Administration, and

·  Communication

Appendix 'A' provided an update on progress made against the various objectives set out in the plan over the first six months of the year.  The progress was pleasing particularly in view of the considerable amount of time spent by officers on the development of the Lancashire and London Pensions Partnership which had not been envisaged when the plan was first approved.

Resolved: - That the report, now presented, be noted.