Issue - meetings
The Pensions Regulator (TPR) Single Code Consultation Update
Meeting: 06/09/2021 - Pension Board (Item 6)
6 The Pensions Regulator (TPR) Single Code Consultation Update PDF 241 KB
Additional documents:
Minutes:
Ms Miriam Adams, Interim Head of Pensions and Treasury stated The Pensions Regulator (TPR) had drafted a single code of practice (COP) for all UK pensions scheme. Ms Adams explained the purpose of the single code was to merge the ten existing COPs into one single document, so that it would be easier to navigate, understand and keep up to date.
In response to questions from members the following was noted.
- Referring to paragraph 3.13, Members asked if there was a timetable for the review. Ms Adams responded saying the providers had started work on this, this week.
The Pensions Board RESOVLED to:
- To note the report; and
- Note that a review of the Fund against the TPR draft Code of Practice and LGPS Good Governance 3 Guidance had been commissioned.