Decision status: Recommendations Approved
Is Key decision?: No
The Board considered and discussed the effectiveness of its work having completed its first year of operation. It was noted that the Pension Fund's Annual Governance Statement for 2015/16 included a planned review of the effectiveness of the Local Pension Board going forward into 2016/17. Abbi Leech, Head of Fund, reported that CIPFA had undertaken some evidence gathering in terms of Boards and the outcome of this would be used to help inform the review. Each Board Member would also be contacted by the Head of Fund in due course as part of that review process.
Resolved: - That the update, now presented, be noted.
Date of decision: 05/07/2016
Decided at meeting: 05/07/2016 - Lancashire Local Pension Board