Issue - meetings

Pension Administration /Communications Update

Meeting: 07/10/2020 - Clwyd Pension Fund Committee (Item 115)

115 Pension Administration /Communications Update pdf icon PDF 154 KB

To update Committee Members on administration and communication matters for the Clwyd Pension Fund

Additional documents:

Decision:

(a)  The Committee noted the update on administration and communication matters for the Clwyd Pension Fund.

(b)  The Committee approved the extension of timescales in relation to a number of actions within the business plan.

Minutes:

            Mrs Williams emphasised the workload that the administration team had including business as usual, the McCloud remedy, the Goodwin case, the 95k cap and more. She said that with all the regulatory changes, there was a risk that their systems might not be updated in time for a change, and therefore the team would have to perform individual calculations on a case-by-case basis.

 

She also highlighted that the administration team are also responsible for the content on the Fund’s website, which can be challenging given the complexities in uploading content and the lack of website experience within the team.  A new dedicated website officer role had been approved using the urgency delegation as well as a further lead role officer relating to payroll which would allow the team leader to focus on their duties and responsibilities, as well as introducing better internal controls.

 

            Mrs Williams highlighted the success that the team have had with supporting each other’s wellbeing following the challenges from working from home and additional workloads. All of the team had regular wellbeing virtual meetings to ensure that all were managing. The feedback from most staff was that working from home was working well.  Mr Everett highlighted that they will likely need to continue to work mainly from home for some time. Social contact is part of the Council's management plan for all teams

 

RESOLVED:

 

(a)  The Committee noted the update on administration and communication matters for the Clwyd Pension Fund.

(b)  The Committee approved the extension of timescales in relation to a number of actions within the business plan.