Issue - meetings

Chris Norton, Strategy and Commissioning Manager (Treasury, Pensions, Audit, Insurance, and Risk) presented this report which provided an update to the Board on assurance work that had taken place to ensure the quality and consistency of the 2019/20 CIPFA benchmarking data.  Adjustments indicated that the overall unit cost of the service was considerably lower than the 2018/19 figure for Warwickshire, and would also be more in line with the average 2018/19 cost of the comparator group. 

The Board welcomed the report.

Resolved –

The Local Pension Board noted the work that has been undertaken to reduce costs and ensure the accuracy and quality of CIPFA benchmarking data.