Decision details

LCPF Compliance with The Pension Regulator Requirements

Decision Maker: Lancashire Local Pension Board

Decision status: Recommendations Approved

Is Key decision?: No

Purpose:

Statement summarising LCPF's compliance against TPR regulations, namely Code of Practice 14

Decisions:

The Risk and Governance Officer informed the Board that since the review last year there had been a number of improvements in data quality and confirmed that overall compliance with Code of Practice No 14 was good, with updates within sub-sections such as 'knowledge and understanding required by board members', 'internal controls', 'maintaining contributions' and 'reporting breaches of the law' all indicating that overall levels of compliance had improved.

 

Resolved: That the detailed Compliance Statement in relation to the Pension Regulator Code of Practice No 14, as set out in the Appendix to the report presented, is noted.

 

Report author: Mukhtar Master

Date of decision: 29/01/2019

Decided at meeting: 29/01/2019 - Lancashire Local Pension Board

Accompanying Documents: