Issue - meetings

The Committee had before it a report by the Director of Resources which provided an update on any changes to the North East Scotland Pension Fund and the Aberdeen City Council Transport Fund.

The report provided an update on training which had been undertaken by Pension Fund staff; an update that there had been no fraud or whistleblowing cases throughout the year, nor breaches of the Bribery Act; and information on the completion of the Aberdeen City Council Transport buy-in.  It was further noted that there had been minor amendments to the following documents around structure and wording to assist with clarity:-

·       Systems Access Policy

·       Governance Policy

·       Overpayment of Pensions Policy

·       Investment Policy and Myners Statement

·       Governance Compliance Policy

·       Risk Management Policy

The report recommended:-

that Committee note the updates to the Scheme policy documents as part of the annual document review.

The Committee resolved:-

to note the report.

The Board resolved:-

to note the decision of the Committee.