Issue - meetings

The Committee received details of the an Audit Plan as issued by Ernst & Young LLP for the work they plan to undertake for provision of an audit opinion on the pension fund accounts for the year ending 31 March 2017.

The report informed that Ernst and Young plan to provide an audit opinion on the financial statements of the Havering Pension Fund and give a true and fair view of the financial position. The plan would also include reviewing the Pension Fund’s Annual Report.

It was expected that the audit of accounts would be completed by August and the final audit report presented to the Audit Committee and Pensions Committee at the September 2017 meetings.

The Committee noted the 2016/17 Audit Plan report.