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Pension Fund Annual Governance Report and 2018/19 Statement of Accounts

Meeting: 12/07/2019 - Audit Committee (Item 9)

9 External Auditor's Report to those Charged with Governance for the Pension Fund and 2018/19 Statement of Accounts pdf icon PDF 143 KB

Report by the Chief Finance Officer.

Additional documents:

Minutes:

9.1       Marcus Ward from Grant Thornton introduced report. He outlined that the accounts for the East Sussex Pension Fund were a good set of accounts. The accounts are based on the last full valuation of the Pension Fund which was carried out in 2016, and also include a note on the impact of the McCloud Judgement. The External Auditors will be issuing an unqualified opinion and have highlighted the same two management recommendations in the Action Plan as for the ESCC accounts.

 

9.2       The Committee discussed the report and asked if a key to the risk scores for the East Sussex Pension Fund Risk Register (pages 6 & 7 of the East Sussex Pension Fund Annual Report and Accounts) could be provided in future. The Chief Finance Officer confirmed that a key to this table will be included in the report.

 

9.3       The Committee RESOLVED to:

1) Note the report and its appendices; and

2) Note management actions detailed on page 13 of the Independent Auditor’s report to those charged with governance.