Issue - meetings

The minutes of the local pension board were noted by the Sub-Committee.

It was confirmed that the role of the Local Pension Board was to assist this Sub-Committee by offering a form of scrutiny; for example, over the last 12 months the pension fund administration was independently reviewed, and an action plan created. 

The work of the Local Pension Board is beneficial in helping the Pension Fund Investment Sub-Committee identify where to focus their work programme.