Decision details

Part II reports presented to the recent Pension Fund Committee

Decision Maker: Lancashire Local Pension Board

Decision status: For Determination

Is Key decision?: No

Purpose:

Part II reports presented to the Pension Fund Committee on the 18th September 2020.

Decisions:

(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).

 

The Board considered a report on all the items presented to the Pension Fund Committee on the 18th September 2020 under Part II of the agenda and discussed the following.

 

·  Information included in the Lancashire Local Partnership update in relation to the age demographic of the Fund membership, numbers of leavers and the importance of elapsed time as a measure of performance.

 

·  The rigorous and robust nature of the review by the Investment Panel of the Fund Investment Strategy and the recommendations approved by the Committee.

 

Resolved: That the reports considered by the Pension Fund Committee on the 18th September 2020 under Part II of the agenda and subsequent decisions taken are noted.

 

Divisions Affected: None;

Contact: Mike Neville Email: mike.neville@lancashire.gov.uk Tel: (01772) 533431.

Report author: Mike Neville

Date of decision: 13/10/2020

Decided at meeting: 13/10/2020 - Lancashire Local Pension Board

Accompanying Documents: