Local democracy

Issue - meetings

TRAINING, CONFERENCES AND SEMINARS

Meeting: 28/07/2022 - West Yorkshire Pension Fund Joint Advisory Group (Item 15)

15 TRAINING, CONFERENCES AND SEMINARS pdf icon PDF 139 KB

The report of the Director, West Yorkshire Pension Fund (Document “J”) will be submitted as there is a growing need for LGPS funds to demonstrate that Members have an adequate level of knowledge to carry out their roles effectively. With the upcoming introduction of a refreshed CIPFA Knowledge & Skills Framework, the Scheme Advisory Board’s Good Governance project (England and Wales), and increasing scrutiny from The Pensions Regulator, the expectation on funds has never been greater.

 

Recommended –

 

That members complete the online training as soon as possible and give consideration to attendance at the events as provided.

 

(Yunus Gajra – 01274 432343)

 

Decision:

Resolved –

 

That members complete the online training as soon as possible and give consideration to attendance at the events as provided.

 

Action: Members and the Director, West Yorkshire Pension Fund

Minutes:

The report of the Director, West Yorkshire Pension Fund (Document “J”) was submitted to remind Members that new guidance resulting from the Good Governance Report (yet to be introduced) would require key individuals within the LGPS, including LGPSofficers and pensions committee members, to have the appropriate level of knowledge andunderstanding to carry out their duties effectively.

 

Members would be provided with individual training needs analysis questionnaire in order to assist WYPF Officers and Hymans, a bespoke training provider for LGPS to deliver appropriate training.

 

Monthly reports were provided to WYPF with training activities undertaken which indicated that there was an outstanding programme of training still not completed, some of which was mandatory so needed to be addressed.  A report would be submitted either via the Annual Report or the Governance Compliance Statement to show what training was undertaken in the previous 12 months.

 

Members were advised that if they had attended any training externally, to provide details in order that it could be added to their training record.

 

Resolved –

 

That members complete the online training as soon as possible and give consideration to attendance at the events as provided.

 

Action: Members and the Director, West Yorkshire Pension Fund