Decision details

Lancashire County Pension Fund Risk Register

Decision status: Recommendations Approved

Is Key decision?: No

Decisions:

The Committee considered a report setting out the Pension Fund's Risk Register following a previous review undertaken at the meeting of the Committee on 27 March 2015.

 

The register had been reviewed by risk owners to identify any new risks and update on the status of existing risks, with details of high risks set out separately at the front of the register.

 

Those risks designated as high were:

 

-  Falling share prices and therefore asset value;

-  Liability Risk – Inflation/Deflation;

-  Liability Risk – Longevity;

-  Liability Risk – LGPS Regulations;

-  Asset Liability mismatch.

 

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

Date of decision: 30/09/2015

Decided at meeting: 30/09/2015 - Pension Fund Committee

Accompanying Documents: