Regulatory Update

April 2, 2024 Lancashire Local Pension Board (Committee) Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

Lancashire Local Pension Board approved recommendations on 02/04/2024. The board noted updates on McCloud remedy implementation, cost control mechanisms, pensions dashboards, abolition of the Lifetime Allowance, public service pension indexation, SAB annual report guidance, SAB surpluses, the General Code of Practice, the Economic Activity of Public Bodies Bill, and Budget 2024 reporting requirements.

Full council record

Purpose

This report sets out an update on various pension related regulatory issues to assist Board members to exercise their functions effectively.

Supporting Documents

Regulatory Update.pdf

Details

OutcomeRecommendations Approved
Decision date2 Apr 2024