Tracy Weaver

CEM - PENSIONS ADMINISTRATION BENCHMARKING SURVEY (PABS)

From: West Yorkshire Pension Fund Pension Board - Tuesday, 2nd December, 2025 10.30 am - December 02, 2025

Recommendations Approved

MEMBER TRAINING

From: West Yorkshire Pension Fund Advisory Panel - Thursday, 23rd October, 2025 10.00 am - October 23, 2025

...to ensure adequate knowledge and understanding, members of the West Yorkshire Pension Fund Advisory Panel were directed to undertake online training via the TPR Toolkit and the Hymans Robertson Learning Academy, and were encouraged to attend external training events and conferences.

Recommendations Approved

PENSIONS ADMINISTRATION

From: West Yorkshire Pension Fund Advisory Panel - Thursday, 23rd October, 2025 10.00 am - October 23, 2025

...that they noted the report providing an update on West Yorkshire Pension Fund's pensions administration activities for the period 1 July 2025 to 30 September 2025.

Recommendations Approved

FINANCE UPDATE REPORT

From: West Yorkshire Pension Fund Advisory Panel - Thursday, 23rd October, 2025 10.00 am - October 23, 2025

...to note various financial updates, including progress on the 2024/25 audit, the 2025/26 fund account and net asset forecast, the latest WYPF net management expense forecast, the estimated cost per member for 2025/26, and the estimated cost of transferring investment services to the Northern Pool FCA entity, as well as the potential impact on cost per member of moving to the FCA operating model.

Recommendations Approved

RISK POLICY AND STRATEGY

From: West Yorkshire Pension Fund Advisory Panel - Thursday, 23rd October, 2025 10.00 am - October 23, 2025

...officers were asked to note comments on mitigation and timescales and refresh the Risk Register, which would then be reviewed and approved by the Advisory Panel.

Recommendations Approved