The Audit, Risk and Governance Committee of Lancashire Council approved the recommendations in the External Audit: Lancashire County Pension Fund Audit Findings Report 2023/24 on 27 January 2025. The report detailed findings from the external auditor regarding the pension fund's financial statements for the year ending 31 March 2024. The committee noted £49.8m of unadjusted differences in investment valuations, which management proposed not to amend due to immateriality.