The Local Pension Board of Oxfordshire Council met virtually on Friday 16 October 2026 to review a range of reports concerning the fund's governance, administration, and financial health. Key discussions were scheduled to include the Board's annual report, the business plan for the upcoming year, and proposed changes to the Pension Fund Committee's constitution.

Annual Report of the Local Pension Board

The Board was scheduled to review its Annual Report for the past year, which details the Board's activities, attendance records, and training undertaken by its members. The report was recommended for approval to be included in the Pension Fund's Annual Report and Accounts.

Review of Annual Business Plan 2026/27

A review of the Annual Business Plan for 2026/27 was on the agenda. This item aimed to assess the progress made against the plan's objectives, as previously considered by the Pension Fund Committee. The Board was invited to offer any comments to the Committee. The report also presented the Local Pension Board's report for 2025/26.

Pension Fund Committee Constitution Review

Proposed changes to the Pension Fund Committee's constitution were scheduled for review. These changes are intended to implement the Fit for The Future reforms, which were introduced on 30 June 2026.

Risk Register

The Board was to review the latest risk register, which had previously been considered by the Pension Fund Committee. A summary comparing the risk registers of Oxfordshire Pension Fund and Gloucestershire Pension Fund was included for discussion.

Governance and Communications Report

A report on governance and communications was to be reviewed, which had also been presented to the Pension Fund Committee. This report included a log of all regulatory and data breaches.

Governance and Communications Policy Reviews

The Board was invited to review updated policies, specifically the Communications Policy and the Regulatory Breaches Policy, which had been presented to the Pension Fund Committee for approval.

Administration Report

The latest Administration Report was scheduled for review, providing an update on the service's performance statistics and staffing.

Items for Future Reporting and Agendas

The Board was to confirm the issues it wished to include in its report to the Pension Fund Committee. Additionally, members were invited to identify any topics they wished to add to the agenda for the next Board meeting.

Exempt Items

Two items, LGR Fund Structure Exempt and Workforce Planning Update Exempt, were scheduled for discussion in a private session, with reports not made public due to the likely disclosure of exempt information. These reports were presented to the Pension Fund Committee on 4 September 2026.