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Resolved
–
 
(1) 
That the progress on the audit of the 2024/25
annual report, be noted.
 
(2) 
That the fund account and net asset forecast for
2025/26 of £21.62 billion, be noted.

 
(3) 
That the latest WYPF net management expense
forecast of £18.98m against a budget of £19.64m,
underspend of £0.66m, be noted.

 
(4) 
That the estimated cost per member of
£57.98 for 2025/26, be noted.

 
(5) 
That the latest estimated cost of transferring
investment services to the Northern Pool FCA entity of £4.23m
for 2025/26 and £3.62m for 2026/27, be noted.

 
(6) 
That the cost per member impact of moving to the
FCA operating model means the cost per member could increase to
£70.91 for 2025/26 and £70.80 for 2026/27, be
noted.

 
To be actioned
by: The Managing Director, WYPF