Local Pensions Partnership Update to 30 June 2019
Decision Maker: Pension Fund Committee
Decision status: Recommendations Approved
Is Key decision?: No
An update of the activities of Local Pensions
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 Committee considered a report on the performance of the Local Pensions Partnership up to 30th June 2019 which included reference to the development of a new strategy in response to shareholders key strategic priorities, details of savings achieved through asset pooling and an update on the Balanced Scorecard exercise to review performance.
Ms J Darbyshire, the Director of Administration, gave an update on activity associated with the pension administration service and confirmed that the previous backlog had now been reduced to only include aggregation cases which would be the processed as soon as possible.
Resolved: That the updates on activity of the Local Pensions Partnership, as set out in the report presented and given at the meeting, are noted.
Report author: Paul Dobson
Date of decision: 20/09/2019
Decided at meeting: 20/09/2019 - Pension Fund Committee