Issue - meetings
Governance Update
Meeting: 16/02/2017 - Clwyd Pension Fund Committee (Item 54)
54 Governance Update 
PDF 123 KB
To provide Committee Members with an update on
governance related issues
Additional documents:
- Business Plan, item 54
PDF 86 KB
- Calendar 2017/18, item 54
PDF 51 KB
- Risk Register, item 54
PDF 104 KB
- Training attendance, item 54
PDF 57 KB
- Pension Board minutes, item 54
PDF 139 KB
- Breaches, item 54
PDF 61 KB
- Delegation of Functions, item 54
PDF 69 KB
Decision:
(a) Committee noted the business plan and agreed actions.
(b) Committee approved the recommendation to move G4 (Key Man Risk) to 2017/18.
(c) Committee approved the change to Officers’ Delegations incorporating changes to Funding Risk Management decisions
Minutes:
Mr Hughes (Pensions Finance Manager) gave an update on key points in the report relating to the Business Plan for 2016/17.
Mr Hibbert asked why the actuarial fees had been underestimated. Mr Latham said it had been underestimated in relation to areas such as the Flightpath restructure and equity protection work.
Mr Hibbert asked if his training log could be updated in relation to his attendance at the Annual TUC event – A Decent Retirement. Mr Hughes was confirmed this could be added to his training log if he provide the details.
Mr Latham noted that a large number of new employers have joined the Pension Fund which had added to workloads.
RESOLVED:
1. Committee noted the business plan and agreed actions.
2. Committee approved the recommendation to move G4 (Key Man Risk) to 2017/18.
3. Committee approved the change to Officers’ Delegations incorporating changes to Funding Risk Management decisions