Councillor David Whipp
Council: Lancashire
Committees:
Activity Timeline
Meetings Attended Note this may include planned future meetings.
11 meetings · Page 1 of 3
Pension Fund Committee - Friday, 20th March, 2026 10.30 am
Pension Fund Committee - Friday, 20th February, 2026 10.30 am
The Pension Fund Committee of Lancashire County Council met on Friday, 20th February, 2026, to discuss the proposed demerger of Local Pensions Partnership Investments Limited (LPPI) and the admission of new partner funds. The committee resolved to note the progress of the demerger, approve a dividend in specie to facilitate the process, and delegate authority for its implementation. They also recommended that Full Council approve the demerger and related steps.
Pension Fund Committee - Friday, 23rd January, 2026 2.00 pm
The Pension Fund Committee of Lancashire Council met on Friday 23 January 2026 and decided to set the funding buffer for the pension fund at 115%, with a 20-year surplus repayment period. This decision was made after extensive debate regarding the appropriate level of prudence to balance employer affordability with the long-term stability and solvency of the fund.
Pension Fund Committee - Friday, 12th December, 2025 10.30 am
The Lancashire County Council Pension Fund Committee was scheduled to meet on 12 December 2025 to discuss pension-related training for committee members, budget monitoring for the 2025/26 financial year, and responsible investment activity. Also on the agenda was an update on the Funding Strategy Statement consultation, and the Local Pensions Partnership Annual Report and Accounts for 2024/25. Some items, including updates on the Lancashire County Pension Fund (LCPF) Strategic Plan 2024/25, Local Pensions Partnership Administration (LPPA), risk register, shareholder and investment performance, and the appointment of an independent investment advisor, were scheduled to be discussed in Part II of the meeting, which was not open to the press or public.
Pension Fund Committee - Friday, 19th September, 2025 10.30 am
The Lancashire County Council Pension Fund Committee met to discuss responsible investment, review the draft funding strategy statement, and address an urgent matter regarding the McCloud remedy[^2] and reporting requirements. The committee also reviewed pension-related training for its members and the Pension Fund Annual Report 2024/25.
Decisions from Meetings
72 decisions · Page 5 of 15
Local Pensions Partnership Administration Update
From: Pension Fund Committee - Friday, 20th June, 2025 10.30 am - June 20, 2025
...to determine a course of action based on the update provided on the administration performance of Local Pensions Partnership Administration Limited (LPPA) for Q4 of 2024/25.
For Determination
Minutes of the last meeting.
From: Pension Fund Committee - Friday, 20th June, 2025 10.30 am - June 20, 2025
...the Committee approved the Minutes of the meeting held on 6 December 2024.
For Determination
Lancashire County Pension Fund - Budget 2024/25
From: Pension Fund Committee - Friday, 20th June, 2025 10.30 am - June 20, 2025
...to determine the outturn position of the Lancashire County Pension Fund for the year ending 31 March 2025.
For Determination
Lancashire County Pension Fund - External Audit Plan 2024/25
From: Pension Fund Committee - Friday, 20th June, 2025 10.30 am - June 20, 2025
...to determine Grant Thornton's External Audit plan regarding the audit of Lancashire County Pension Fund 2024/25 Financial Statements.
For Determination
Exclusion of Press and Public
From: Pension Fund Committee - Friday, 20th June, 2025 10.30 am - June 20, 2025
For Determination
Summary
Meetings Attended: 11
Average per Month: 0.4
Decisions Recorded: 72