Issue - meetings

Exempt information as defined in Paragraph 3 of Part 1 of Schedule 12A to 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.

Mr Lambert, Independent Adviser to the Committee, presented a detailed report on the performance of the Lancashire County Pension Fund, highlighting key areas such as the predicted reduction in the level of future contributions and the performance of individual investment portfolios. The Committee noted that the long term the performance of the Fund had exceeded both internal and actuarial benchmarks.

Resolved: That the summary of the Fund's performance up to the 31^st December 2018, as set out at Appendix 'A' to the report presented, is noted.