The Local Pension Board of Oxfordshire Council met virtually on Friday 3 July 2026 to review the council's Annual Business Plan for 2026/27, discuss the latest risk register, and consider reports on governance, communications, and administration. The meeting also included discussions on the fund's structure post-Local Government Reorganisation and a review of a paper concerning the approval of a Senior LGPS Officer.

Review of Annual Business Plan 2026/27

The Board was invited to review the position against the Annual Business Plan for 2026/27. This plan, previously considered by the Pension Fund Committee, outlines the key priorities for the year. The Board was asked to offer any comments it had on the plan to the Committee.

Risk Register

The Board was presented with the latest risk register, which had also been considered by the Pension Fund Committee on 5 June 2026. The Board was invited to review this report and provide any further views to the Committee. The risk register details potential risks to the fund's operations and objectives, along with mitigation strategies.

Governance and Communications Report

A review of the Governance and Communications Report was scheduled. This report, previously presented to the Pension Fund Committee, includes a log of all regulatory and data breaches. The Board was asked to review this information.

Administration Report

The Board was invited to review the latest Administration Report, which had been presented to the Pension Fund Committee on 5 June 2026. This report includes performance statistics for the administration service and an update on staffing levels.

Items for Reporting to the Pension Fund Committee

The Board was asked to confirm the specific issues it wished to include in its upcoming report to the Pension Fund Committee.

Items for the Next Board Meeting Agenda

Members were invited to identify any topics they wished to add to the agenda for the next Local Pension Board meeting.

LGR Fund Structure

A report was scheduled to update the Board on the approach to identifying the appropriate fund structure following Local Government Reorganisation (LGR). This discussion aimed to address the potential implications of LGR on the fund's structure and operations.

Approval of Senior Officer

The Board was invited to review a paper presented to the Pension Fund Committee on 5 June 2026, which outlined recommendations for the appointment of the Senior LGPS Officer. This item concerned the review of a senior role within the Local Government Pension Scheme administration.