Decision details

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.

The Head of Fund presented the first full report on the Fund's compliance with the Pension Regulator's General Code of Practice since it was published in March 2024 and noted the recommendation of the Lancashire Local Pension Board from the meeting on 28 January 2025.

Resolved: The Committee approved the Local Pension Board's recommendation that compliance assessment in accordance with the General Code of Practice should be transitioned into business-as-usual activity, with reviewing and reporting to be done on an annual basis.