LCPF Compliance with The Pension Regulator Requirements
Decision Maker: Lancashire Local Pension Board
Decision status: Recommendations Approved
Is Key decision?: No
Statement summarising LCPF's compliance
against TPR regulations, namely Code of Practice 14
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