Report to: |
Pension Board
|
Date of meeting: |
2 November 2023 |
By: |
Chief Internal Auditor
|
Title: |
Internal Audit Report
|
Purpose:
|
This report advises the Board of the outcomes of the Pension Fund - Collection of Contributions audit. |
RECOMMENDATIONS
The Board is recommended to note the:
1) Pension Fund - Collection of Contributions report as set out in Appendix 1
1. Background
1.1 The review of the Collection of Contributions was completed as part of the Internal Audit Strategy and Plan for Pensions 2023/24 and provides assurance on the overall effectiveness of controls.
1.2 We were able to provide an opinion of Reasonable Assurance over the controls in place.
2. Conclusions and Reasons for Recommendation
2.1 The Pension Board is recommended to note the Internal Audit report.
RUSSELL BANKS
Orbis Chief Internal Auditor
Contact Officer: Nigel Chilcott, Audit Manager
Tel No.: 07557 541803
Contact Officer: Danny Simpson, Principal Auditor
Tel No.: 07701 394826
BACKGROUND DOCUMENTS:
None