Issue - meetings

PENSION FUND RISK REGISTER - UPDATED

Meeting: 12/01/2021 - Pensions Committee (Item 183)

183 PENSION FUND RISK REGISTER - UPDATED pdf icon PDF 254 KB

Report and appendix attached.

Additional documents:

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:

  1. Noted the additional risks considered and recommendations by the Local Pension Board summarised in Section 2.6

2.    Agreed to the updated Risk Register.