Decision details

Part II reports from the most recent Pension Fund Committee.

Decision Maker: Lancashire Local Pension Board

Decision status: For Determination

Is Key decision?: No

Purpose:

This report lists the Part II reports which were presented to the last Pension Fund Committee. The Head of Fund will update members of the Board on the decisions taken in respect of the reports at the meeting.

Decisions:

(Exempt information as defined in Paragraphs 1, 2 and 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).

 

A report was presented on the six items considered by the Pension Fund Committee on the 27th November 2020 under Part II of the agenda.

 

The Board discussed the ongoing work in relation to the Local Pensions Partnership Balanced Scorecard and highlighted some action points for Officers to follow up. The Board also discussed potential amendments to the reporting in future versions of the Lancashire County Pension Fund Risk Register and noted that the latest version of the Register was due to be presented to the next meeting for comment.

 

Resolved:

 

1.  That the reports considered by the Pension Fund Committee on the 27th November 2020 under Part II of the agenda and decisions taken are noted.

 

2.  That the Interim Head of Fund be requested to

 

a)   Consider the comments of the Board in relation to the Local Pensions Partnership Balanced Scorecard and report back to Board members outside of the meeting.

 

b)  Take into account the comments of the Board when preparing the report to the next meeting regarding the latest version of the Risk Register for the Lancashire County Pension Fund

 

 

Divisions Affected: None;

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

Report author: Mike Neville

Date of decision: 19/01/2021

Decided at meeting: 19/01/2021 - Lancashire Local Pension Board

Accompanying Documents: