Local Pension Board (LPB) 7 June 2017, 10:00 - 12:30pm Attendees Room G.03, Ground Floor, 169 Union Street, London, SE1 0LL Present In attendance William Bourne (Chairman) Mike Allen (LPFA Managing Director) Frank Smith John Crowhurst (LPP Operational Risk Specialist) – Training & item Sean Brosnan 2 only Omolayo Sokoya Simon Steptoe Minutes and action points Bernadette Jansen Helen Coyne (LPP Deputy Company Secretary) Jamie Ratcliff Peter Scales Apologies Adrian Bloomfield None received Agenda Item Report Time Action Subject Training: 10:00 Risk Management | Speaker: John Crowhurst AGENDA 1 LPB039 10.30 INTRODUCTORY MATTERS William Note Declaration of interests and conflicts Bourne Approve Minutes and actions from the previous meeting on 8th March 2017 2 LPB040 10.40 LPFA RISK MANAGEMENT FRAMEWORK Mike Allen/ Note Update on LPFA’s risk management framework following John Crowhurst LPP’s review. 3 LPB041 10.55 WORKING PARTY EDUCATING MEMBERS & EMPLOYERS – Note Outcome of the two working parties in relation to Educating Adrian Bloomfield/ Members and Employers of the Pension Fund. Jamie Ratcliff Notes from the Employer working Party (Annex 1) Notes from the Member working party (Annex 2) 4 LPB042 11.20 ANNUAL REPORT Mike Allen Comment review of the DRAFT annual report and accounts content. Governing the Fund (Annex 1) Annual Governance Statement (Annex 2) Local Pension Board Annual Report (Annex 3) Local Code of Corporate Governance (Annex 4) Year in Review (Annex 5) Communications Policy Statement (Annex 6) 5 LPB043 11.40 GENERAL ADMINISTRATION UPDATE Mike Allen Note Assurance statements on various matters General update on LPFA’s activity since the last meeting 6 LPB044 11.50 GOVERNANCE UPDATE Mike Allen Note Update on pooling progress Note Administration Transformation Plan – (Annex 1) Note LPFA Board minutes from the meeting held on 21st February 17 (Annex 2) 7 LPB045 12.15 MEMBER & EMPLOYER COMMUNICATIONS Sean Brosnan/ Note Verbal update on Annual Benefit Statements Mike Allen/ Note Auto enrolment William Volunteer Working party to discuss LPFA’s website Bourne 8 All 12.25 ANY OTHER BUSINESS Note Fund Member Forum – 21st September 2017 (Great Hall, Sherfield Building, Imperial College London, SW7 2AZ)
Local Pension Board (LPB) 7 June 2017, 10:00 - 12:30pm Attendees Room G.03, Ground Floor, 169 Union Street, London, SE1 0LL Present William Bourne (Chairman) Frank Smith Sean Brosnan Omolayo Sokoya Simon Steptoe Bernadette Jansen Jamie Ratcliff Peter Scales Adrian Bloomfield In attendance Mike Allen (LPFA Managing Director) John Crowhurst (LPP Operational Risk Specialist) – Training & item 2 only Minutes and action points Helen Coyne (LPP Deputy Company Secretary) Apologies None received Agenda Item Report Time Action Subject Training: 10:00 Risk Management | Speaker: John Crowhurst AGENDA 1 LPB039 William Bourne 10.30 Note Approve INTRODUCTORY MATTERS Declaration of interests and conflicts Minutes and actions from the previous meeting on 8th March 2017 2 LPB040 Mike Allen/ John Crowhurst 10.40 Note LPFA RISK MANAGEMENT FRAMEWORK Update on LPFA’s risk management framework following LPP’s review. 3 LPB041 Adrian Bloomfield/ Jamie Ratcliff 10.55 Note WORKING PARTY – EDUCATING MEMBERS & EMPLOYERS Outcome of the two working parties in relation to Educating Members and Employers of the Pension Fund. Notes from the Employer working Party (Annex 1) Notes from the Member working party (Annex 2) 4 LPB042 Mike Allen 11.20 Comment ANNUAL REPORT review of the DRAFT annual report and accounts content. Governing the Fund (Annex 1) Annual Governance Statement (Annex 2) Local Pension Board Annual Report (Annex 3) Local Code of Corporate Governance (Annex 4) Year in Review (Annex 5) Communications Policy Statement (Annex 6) 5 LPB043 Mike Allen 11.40 Note GENERAL ADMINISTRATION UPDATE Assurance statements on various matters General update on LPFA’s activity since the last meeting 6 LPB044 Mike Allen 11.50 Note Note Note GOVERNANCE UPDATE Update on pooling progress Administration Transformation Plan – (Annex 1) LPFA Board minutes from the meeting held on 21st February 17 (Annex 2) 7 LPB045 Sean Brosnan/ Mike Allen/ William Bourne 12.15 Note Note Volunteer MEMBER & EMPLOYER COMMUNICATIONS Verbal update on Annual Benefit Statements Auto enrolment Working party to discuss LPFA’s website 8 All 12.25 Note ANY OTHER BUSINESS Fund Member Forum – 21st September 2017 (Great Hall, Sherfield Building, Imperial College London, SW7 2AZ)
Agenda%20-%20LPB%20070617.docx