Decision details

Lancashire County Pension Fund Employer Risk Report

Decision Maker: Pension Fund Committee

Decision status: Recommendations Approved

Is Key decision?: No

Purpose:

A presentation of the LCPF Risk Report written by LPP

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.

 

A report was presented on the current employer risk assessment, based on the approach agreed in January 2016, which indicated that the Fund had a low risk exposure and highlighted methods to mitigate potential future risks. The Committee noted that the Head of Fund would work with the Local Pensions Partnership and the Scheme Actuary to implement the recommendations set out in the report during the valuation process.

 

Resolved: That the report be noted.

 

Report author: Mukhtar Master

Date of decision: 29/03/2019

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

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