Agenda and minutes

Pensions Audit Sub-Committee - Tuesday, 27th September, 2022 2.00 pm

Venue: LPF Board Room - LPF Board Room, Atria One, 144 Morrison Street, Edinburgh

Contact: Lesley Birrell Susan Handyside

Items
No.	Item
1.	Quorum Check View the background to item 1. The Convener will check to ensure a quorum is in attendance to ensure the meeting can proceed.
2.	Order of Business View the background to item 2. Including any notices of motion and any other items of business submitted as urgent for consideration at the meeting.
3.	Declaration of Interests View the background to item 3. Members of the Sub-Committee and members of the Pension Board should declare any financial and non-financial interests they have in the items of business for consideration, identifying the relevant agenda item and the nature of their interest.
4.	Deputations View the background to item 4. If any
5.	Minute - 7 December 2021 PDF 182 KB View the background to item 5. Minute of Pensions Audit Sub-Committee of 7 December 2021 (circulated) - submitted for approval as a correct record Additional documents: Restricted enclosure 4 View the reasons why document 5./2 is restricted Minutes: Decision The approve the minute of the XXXX Committee of XXXX as a correct record.
6.	Agenda Planning PDF 818 KB View the background to item 6. Agenda Planning – report by the Chief Executive Officer, Lothian Pension Fund (circulated)
7.	Audited Annual Report and Accounts of the Lothian Pension Fund and Scottish Homes Pension Fund PDF 612 KB View the background to item 7. Audited Annual Report and Accounts of the Lothian Pension Fund and Scottish Homes Pension Fund – report by the Chief Finance Officer, Lothian Pension Fund (circulated) Additional documents: 6.2 Appendix 1 Annual Audit Report , item 7. PDF 918 KB 6.2 Appendix 2 LPF ANNUAL REPORT 2022 - FINAL SM , item 7. PDF 9 MB 6.2 Appendix 3 LPFE audited accounts 2022 , item 7. PDF 485 KB 6.2 Appendix 4 LPFI audited accounts 2022 , item 7. PDF 378 KB 6.2 Appendix 5 LPF Letter of Representation , item 7. PDF 124 KB
8.	Irrecoverable Overpayment of Pensions PDF 966 KB View the background to item 8. Irrecoverable Overpayment of Pensions – Decisions Made Under Delegated Authority - report by the Chief Executive Officer, Lothian Pension Fund (circulated)
9.	Internal Audit Update as at 31 August 2022 PDF 3 MB View the background to item 9. Lothian Pension Fund - Internal Audit Update as at 31 August 2022 - report by the Senior Audit Manager, City of Edinburgh Council (circulated)
10.	Fraud Prevention PDF 2 MB View the background to item 10. Fraud Prevention - report by the Chief Executive Officer, Lothian Pension Fund (circulated)
11.	Risk Management Summary PDF 1 MB View the background to item 11. Risk Management Summary – report by the Chief Risk Officer, Lothian Pension Fund (circulated)
12.	Motions View the background to item 12. None.
13.	Resolution to Consider in Private View the background to item 13. The Sub-Committee is requested under Section 50(A)(4) of the Local Government (Scotland) Act 1973, to exclude the public from the meeting for the following items of business on the grounds that they would involve the disclosure of exempt information as defined in Paragraphs 1.3 and 3 of Part 1 of Schedule 7A of the Act. Minutes: The Committee, under Section 50(A)(4) of the Local Government (Scotland) Act 1973, excluded the public from the meeting for the following item of business on the grounds that it involved the disclosure of exempt information as defined in paragraphs [xx] of Part 1 of Schedule 7(A) of the Act.
14.	Information Security Update View the reasons why item 14. is restricted View the background to item 14. Information Security Update - report by the Chief Executive Officer, Lothian Pension Fund (circulated)