Issue - meetings
PENSION FUND RISK REGISTER - UPDATED
Meeting: 12/01/2021 - Pensions Committee (Item 183)
183 PENSION FUND RISK REGISTER - UPDATED PDF 254 KB
Report and appendix attached.
Additional documents:
- Appendix - Risk Register, item 183
PDF 905 KB
- Appendix - Risk Register SUPP FINAL, item 183
PDF 893 KB
Minutes:
The Committee received the updated Risk Register for the Havering Pension Fund, detailing potential risks the Fund could have been exposed to.
The Committee noted there were 2 areas of risk to be added to the register as recommended by the Local Pension Board. The Committee noted the inclusions within Risk area 3- Failure of investments to perform in line with growth expectations and Risk area 5 – Inability to manage the Pension Fund and associated services.
The Committee:
- Noted the additional risks considered and recommendations by the Local Pension Board summarised in Section 2.6
2. Agreed to the updated Risk Register.