Issue - meetings
Cross Pool Open Forum session
Meeting: 13/04/2018 - Pensions Board (Item 24)
Cross Pool Open Forum session
The Chairman will give a verbal update.
Minutes:
24.1 The Chairman gave a verbal update on the Cross Pool Open Forum session which he had attended on 27 March 2018 in London. The three main topics had been Pooling; the Role of the Scheme Advisory Board; and sharing information on progress. The biggest message seemed to be in relation to the hidden costs in terms of fees, which were more than previously anticipated.
24.2 Also, the Chairman reported that the estimated figures for long term benefits had been updated in the LGPS Central Business Plan. The Pensions Communication Officer agreed to feed these comments back to the LGPS Central.
24.3 The Head of Treasury and Pensions reported that it was hoped to set up a Members forum going forward.