Issue - meetings
Internal Audit
Meeting: 30/05/2023 - Pension Board (Item 48)
Additional documents:
- 10. Appendix 1 East Sussex Pension Fund (ESPF) Cash Management, item 48
PDF 236 KB
- 10. Appendix 2 ESCC Pension Fund Cyber Security Audit Report, item 48
PDF 203 KB
- 10. Appendix 3 IA Report Pension Fund Investments, item 48
PDF 421 KB
- 10. Appendix 4 IA Report - Pension Administration, item 48
PDF 617 KB
- Webcast for Internal Audit
Minutes:
48.1
The Board considered the internal audit reports contained in
appendices 1- 4 of the report.
48.2 Danny Simpson (DS) drew the boards attention to Cash Management strategy and access to the Fund’s bank account where reasonable assurance was given; Cyber Security arrangements where there was a single, low-risk, finding and an action agreed with management to address it; Investment and Accounting with one low-risk finding; and Administration of Pension Benefits where five findings were reported, all of which were medium- or low-risk, and agreed a robust action plan with management to address these.
48.3 NS referred to the 3rd principle in appendix B of the Cybersecurity report and asked if this was based on the East Sussex environment.
48.4 The Board was informed that systems outside the East Sussex Environment is being looked at as a separate project in collaboration with IT. All paperwork will be shared with the Board when the work is complete.
48.5 The Board RESOLVED to note the reports.