Issue - meetings

Lancashire County Pension Fund - Breaches Log

Meeting: 03/07/2018 - Lancashire Local Pension Board (Item 16)

Lancashire County Pension Fund - Breaches Log

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Additional documents:

Minutes:

(Exempt information as defined in Paragraphs 2 and 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 which summarised entries in the LCPF Breaches Log for the period 1st April 2018 to 21st June 2018.

 

When considering the report members of the Board acknowledged that due to the timing of the meeting it was not possible to provide figures for the whole quarter and suggested that future reports should include the outcome of any action taken in order to give an assurance that issues had been resolved.

 

It was noted that the possibility of a serious contribution breach happening was minimised as the Fund collected contributions by direct debit.

 

Resolved: That any future reports regarding breaches include the most up to date information regardless of whether figures for a full Quarter is available.

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