Decision details

Local Pensions Partnership - Balanced Scorecard Summary and Action Plan

Decision Maker: Pension Fund Committee

Decision status: For Determination

Is Key decision?: No

Purpose:

Summary of a balanced scorecard summary and action plan carried out in 2019.

Decisions:

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.

 

Mr Smith, The Director of Strategy at the Local Pensions Partnership, presented a report on the outcomes of a balanced scorecard exercise which had involved interviews with a range of stakeholders as part of a review of the effectiveness of the service.

 

It was reported that the exercise had compared the Partnership against a number of established peer Pension Funds and providers and as a result the Partnership had achieved a relatively low rating. However, an improvement action plan had been developed based on the findings of the review and implemented and it was expected that any future exercise would result in an improved rating.

 

Resolved: That the summary of the outcome of the balanced scorecard exercise regarding the Local Pensions Partnership and the associated improvement action plan are noted.

 

 

 

Divisions Affected: (All Divisions);

Contact: Mukhtar Master Email: Mukhtar.Master@lancashire.gov.uk.

Report author: Mukhtar Master

Date of decision: 27/11/2020

Decided at meeting: 27/11/2020 - Pension Fund Committee

Accompanying Documents: