Neil Buxton (Technical Specialist – Pension Fund Policy and Governance) introduced this report which provided details of the ongoing Governance Review of the Local Government Pension Scheme being undertaken by the Scheme Advisory Board (SAB). He advised that, to provide assurance to members, the appendix to the report provided a schedule of high-profile points emerging from the Review and actions taken by the Pension Fund. Four areas had been identified for future action once statutory guidance or new legislation was introduced.
In response to Councillor Gifford, officers advised that participating employers had not raised any concerns relating to arrangements in place for representation in the management of the Fund.
That the Staff and Pensions Committee notes the report.
Councillor Kettle left the meeting at 15:07.