Decision Maker: Pension Fund Committee
Decision status: For Determination
Is Key decision?: No
This report presents details on two
contractual arrangements for Local Pensions Partnership
Administration which require approval from the Pension fund
committee under the shareholders agreement.
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.
A report was presented on two contractual arrangements relating to Local Pensions Partnership Administration Limited which required a decision by Lancashire County Council and the London Pension Fund Authority as shareholders.
Resolved:
1. That approval in principle is given to Local Pensions Partnership Administration Limited entering into a contract for a new pension's administration system and the lease agreement for offices at East Cliff, Preston as set out in the report presented.
2. That the Director of Corporate Services is authorised to agree the final shareholder approval to enter into the agreements referred to at 1 above.
Divisions Affected: None;
Contact: Abigail Leech Email: abigail.leech@lancashire.gov.uk.
Report author: Abigail Leech
Date of decision: 18/09/2020
Decided at meeting: 18/09/2020 - Pension Fund Committee
Accompanying Documents: