Issue - meetings

Risk Review

Meeting: 04/11/2024 - Warwickshire Fire and Rescue Local Pension Board of the Firefighters' Pension Scheme (Item 2)

2 Risk Review pdf icon PDF 96 KB

Additional documents:

Minutes:

Lisa Eglesfield (Pensions Administration Service Manager) advised members that the risk register had been updated to have the same risk scoring system as the main Pension Fund, in that risks would be calculated by multiplying likelihood by potential impact. The update later in the meeting would be the first to use the revised scoring matrix.

 

The risk rating for pandemic had been reduced from a rating of five to three as the likelihood had decreased. The only risk that had been given a red level related to cyber security. A risk map had also been created and would be used going forward.

 

Members noted the content of the update.