Issue - meetings
2020/21 Forward Plan
Meeting: 21/07/2020 - Pension Board (Item 5)
5 Pensions Board Work Plan 2020/21 PDF 265 KB
Additional documents:
- Appendix1LBTHPensionBoardTermsofReference, item 5 PDF 84 KB
- Appendix2PBworkplan202021July20meeting, item 5 PDF 355 KB
- Webcast for Pensions Board Work Plan 2020/21
Minutes:
The Board received and noted a report that outlined considered the draft work programme for 2020/21. The main points of the discussion may be summarised as follows:
The Board:
- Noted that the indicative work plan for the board has been put together to assist in the management of the Fund, so that the Council is able to perform its role as the administering authority in a structured way.
- Was reminded that the Work Plan is not intended to cover all aspects of Pension Fund administration; rather it is designed to assist with meeting part of its delegated function as administering authority to the Fund.
- Noted that in designing the work plan, the priorities of the Council as the administering authority of the Fund have been considered and incorporated.
- Considered the review of investment management costs and a review of contracts.
- It was noted that an overall governance review should be carried out within the next 18 months once the position in the pension’s administration team has stabilised.
Accordingly, the Chair Moved and it was:
RESOLVED to
a) note the contents of this report;
b) note the pension board terms of reference attached as Appendix 1; and
c) agree the 2020/21 work plan attached as Appendix 2 to this report.