Issue - meetings

Assessing Employer Covenant in the Pension Fund

Meeting: 20/10/2020 - Warwickshire Local Pension Board (Item 12)

12 Assessing Employer Covenant in the Pension Fund pdf icon PDF 201 KB

Additional documents:

Minutes:

Neil Buxton, Technical Specialist introduced this report which set out the process for reviewing scheme employers with regard to any guarantees or security in place and the risks around each employer. An assessment of each covenant demonstrated good governance and the management of risk. An action plan of how the review would be taken forward was set out in Appendix 1 to the report.

 

In considering the report, the Local Pension Board requested that the review be a standing item on future agendas and it was agreed that officers would consider how best to achieve this.

 

Resolved

 

The Local Pension Board noted the report.