Issue - meetings

The Democracy and Governance Manager introduced the report which proposed changes to the governance arrangements for the Clwyd Pension Fund as recommended by the Council’s Constitution Committee.  He referred to the amended Appendix 2 to the report which had been circulated to Members and was available on the Council’s website.

The new governance structure reflected guidance given by the Secretary of State on best practice and whilst the recommendations in the report received overwhelming support at the Constitution Committee, two considerations were raised on the composition of the Committee, full details of which were in the report.

Councillor Alison Halford asked for clarification on the roles within Finance following the departure of the Head of Finance in June 2014.  The Chief Executive explained that the Corporate Finance Manager would be the Council’s Chief Finance (S.151) Officer who would be line managed by the Chief Officer – People and Resources but with a reporting line also to the Chief Executive for Strategic Finance.  The Chief Executive would have the overall key strategic role for Finance along with the Chief Officer People and Resources and the Corporate Finance Manager.

As the S.151 Officer to the Council, the Corporate Finance Manager would be the S.151 Officer to the Clwyd Pension Fund.  In addition to the officers previously mentioned, the Clwyd Pension Fund Manager would also provide Pension Fund advice.

Councillor Bernie Attridge, Deputy Leader and Cabinet Member for Environment recommended approval of the recommendation in the report which was seconded by Councillor George Hardcastle.

RESOLVED:

That the creation of the Clwyd Pension Fund Committee as outlined in appendix 2 to the report with effect from the annual meeting on 20 May 2014 be approved.