Purpose

The Pension Fund Committee is charged with overall governance of the Lancashire County Pension Fund and as part of that role is required to monitor performance of the pensions administration function, which is undertaken by Local Pensions Partnership Administration Limited.

The annual administration report set out at Appendix 'A' has been produced in accordance with the arrangements for the provision of pension administration services to the Lancashire County Pension Fund and describes performance against standards and targets during 2021/22.