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Lancashire Local Pension Board - Tuesday, 15th October, 2024 2.00 pm
October 15, 2024 Lancashire Local Pension Board View on council websiteSummary
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Published material is available for this meeting (for example minutes, a reports pack, a transcript, or recorded decisions), but the written overview is not ready yet.
Summaries are produced automatically and usually appear within a few minutes.
Delegated decisions linked to this meeting
Decision summaries below are AI-generated from the council’s published record. Check the council source or the full decision page before relying on them.
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LCPF Breaches Report
Recommendations Approved -
Part I reports presented to the recent Pension Fund Committee
Recommendations ApprovedLancashire Local Pension Board approved recommendations on 15/10/2024. The Board was updated on decisions taken by the Pension Fund Committee regarding Part I reports.
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Pension related training for members of the Pension Board.
Recommendations ApprovedThe Lancashire Local Pension Board approved recommendations on 15/10/2024. The Board reviewed a report on pension-related training undertaken by its members.
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Pensions Dashboard
Recommendations ApprovedLancashire Local Pension Board approved recommendations on 15/10/2024. The decision concerned the government's plans for a Pensions Dashboard and compliance steps.
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Part II reports from the most recent Pension Fund Committee
Recommendations ApprovedLancashire Local Pension Board approved recommendations on 15/10/2024. The report concerned Part II reports from the Pension Fund Committee.
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Lancashire Local Pension Board Workplan 2024/25 progress report
Recommendations ApprovedThe Lancashire Local Pension Board approved recommendations on 15/10/2024. The Board received an update on its 2024/25 workplan progress. The Board will continue to receive quarterly risk register reports and updates on the Fund's communications strategy.
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Update on LCPF Strategic Plan 2024/25
Recommendations ApprovedLancashire Local Pension Board approved recommendations on 15/10/2024. The decision concerned an update to the LCPF Strategic Plan 2024/25.
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LCPF Risk Register
Recommendations ApprovedLancashire Local Pension Board approved recommendations on the LCPF Risk Register on 15/10/2024. The Board noted and commented on the risk register.
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Regulatory Update
Recommendations ApprovedLancashire Local Pension Board approved recommendations on 15/10/2024. The Board considered and commented on a report providing updates on pension-related regulatory issues and industry news. The report detailed central government changes, the HMT Pension Review, cost control mechanisms, fund valuations, the McCloud judgement, and Pensions Dashboards.
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Pension Administration Update
Recommendations ApprovedLancashire Local Pension Board approved recommendations on 15/10/2024. The decision concerned administration matters including performance, Service Level Agreement metrics, monthly data return progress, a communications update, and the retirement action plan.
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General Code of Practice Update
Recommendations ApprovedLancashire Local Pension Board approved recommendations on 15/10/2024. The board received an update on fund activity regarding compliance with the Pension Regulator's new General Code of Practice.
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