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Local Pension Board - Wednesday, 5th November, 2025 10.00 am
November 5, 2025 Local Pension Board View on council websiteSummary
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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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Draft Risk Appetite Statement / Datganiad ddrafft ar y Parodrwydd i Dderbyn Risg
Recommendations Approved...they noted the report and commented on the first draft of the Fund’s Risk Appetite Statement.
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Pension Fund Draft Annual Report & Accounts 2024-25 / Adroddiad Blynyddol a Chyfrifon Drafft y Gronfa Bensiwn 2024-25
Recommendations Approved... the Local Pension Board of Torfaen noted the draft Annual Report and Accounts for the Pension Fund for 2024-25, the intention of Audit Wales to issue an unqualified opinion, and the responses to Audit Wales's Enquiries of Management.
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Risk Register Update / Diweddariad Cofrestr Risg
Recommendations Approved... the refreshed risk register was noted, key updates implemented during the quarterly review were acknowledged, and comments were made on the risks highlighted in the Compliance & Regulatory risk in theme review.
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Administration Update / Diweddariad Gweinyddol
Recommendations Approved... the report on the Administration Update was noted, including updates on administrative services, workload performance, key performance indicators, the 50/50 section, membership data, My Pensions Online, internal dispute resolution procedures, breaches, the Pension Dashboard, and consultations on access and fairness.
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Training Update / Diweddariad Hyfforddiant
Recommendations Approved...to note the training update provided in the report, including the training log for 2025/26 and the annual training programme for 2025/2026.
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