Decision details

General Code of Practice - Annual compliance report

Decision Maker: Lancashire Local Pension Board

Decision status: For Determination

Is Key decision?: No

Purpose:

To provide an update on the Fund's compliance with the Pension Regulator's General Code of Practice, which was published March 2024

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).

 

Ms Brown, Pensions Governance Lead, presented a report on the Funds compliance with the General Code of Practice and informed the Board that the majority of the modules had been marked as fully compliant, and that an update report would be presented to the next meeting regarding the two partially compliant modules.

 

Resolved: That the update on the General Code of Practice compliance statement attached at Appendix 'A' to the report presented is noted and the transition of the compliance assessment into business-as-usual activity, with reviewing and reporting compliance on an annual basis, is approved.

Corporate Priorities : zFormerPriority_Delivering better services;

Divisions Affected: N/A;

Contact: Jayne Brown Email: jayne.brown@lancashire.gov.uk.

Report author: Jayne Brown

Date of decision: 28/01/2025

Decided at meeting: 28/01/2025 - Lancashire Local Pension Board

Accompanying Documents: