Issue - meetings

The Board considered a report that stated it was a requirement of The Pension Regulator for the Pension Fund to maintain a Breaches Log which detailed incidences where breaches had occurred. In line with the recommendations of the Aon Hewitt Governance Review, on 15 September 2020, the Committee agreed the revised Reporting Breaches of the Law Policy. This included a requirement for the Committee to monitor breaches on a regular basis. This report presented the current log (Appendix A) for the Board’s consideration. The Board received an introduction from Head of Pensions and Treasury, Nigel Cook.

In response to queries raised by the Board, the following was clarified that the Committee was asked to review whether a three-year rolling report would be possible.

RESOLVED – That the Board noted the contents of the Breaches Log