Decision details

Lancashire County Pension Fund - Risk Register

Decision Maker: Pension Fund Committee

Decision status: Recommendations Approved

Is Key decision?: No

Purpose:

LCPF Risk Register update report.

Decisions:

Exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of 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 risk register which had been updated following a review by county council officers in consultation with the Local Pensions Partnership and Lancashire Local Pension Board.

 

Resolved:

 

1.  That the current risk summary document and risk register for the Lancashire County Pension Fund, as set out in the Appendices to the report presented are noted.

 

2.  That future reports to the Committee include

 

a)  a narrative for the movement of individual risk ratings in the risk summary document (Appendix 'A').

b)  an amended register (Appendix 'B') to present information on individual risks in a clearer, more easily readable format. 

 

3.  That an update on the management structure of the Local Pensions Partnership be presented to the next meeting.

 

Report author: Mukhtar Master

Date of decision: 21/06/2019

Decided at meeting: 21/06/2019 - Pension Fund Committee

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