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Report to: |
Pension Board
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Date of meeting: |
11 September 2024 |
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By: |
Chief Internal Auditor
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Title: |
Internal Audit Report
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Purpose:
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This report advises the Board of the outcomes of the Pension Fund Investments and Accounting audit. |
RECOMMENDATIONS
The Board is recommended to note the Pension Fund Investments and Accounting audit report (Appendix 1).
1. Background
1.1 The review of Pension Fund Investments and Accounting was completed as part of the Internal Audit Strategy for Pensions 2023/24 and provides assurance on the overall effectiveness of the system’s controls. This is the final audit for 2023/24.
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