Issue - meetings

The Committee had before it a report by the Chief Internal Auditor which set out Internal Audit’s Annual Report for the North East Scotland Pension Fund (NESPF) for 2021-22.  The report advised that in the opinion of the Chief Internal Auditor, the NESPF had an adequate and effective framework for Governance, Risk Management and Control, covering the period 1 April 2021 to 31 March 2022.

Members heard from Mr Jamie Dale, Chief Internal Auditor, in relation to the report.

The report recommended:-

that the Committee –

(a)      note the Annual Report for 2021-22;

(b)      note that the Chief Internal Auditor had confirmed the organisational           independence of Internal Audit;

(c)      note that there had been no limitation to the scope of Internal Audit work during 2021-22; and

(d)      note the progress that management had made with implementing recommendations agreed in Internal Audit reports.

The Committee resolved:-

to approve the recommendations.