Home » Councillors and How the Council Works > Agenda item

Agenda item

COMPLIANCE REPORT

Minutes:

The Pensions Manager presented the report.

 

Members noted that there were 74 potential new employers joining the Fund in the next 6 months. As at the end of March, 254 employers are now on i-Connect and submitting monthly returns covering approximately 85% of the active membership. The project is currently on hold over the valuation period and will re-commence in July with the aim of getting the remaining employers using i-Connect by October.

 

The Chair thanked the Pensions Manager for the very comprehensive information now presented to the Board. The data was now sufficiently granular to allow the Board to do some probing.

 

Members were very pleased to note the significant increase in statutory targets being achieved, that on the SLA targets a number of ‘reds’ had become ‘amber’ and the progress on the i-Connect project.

 

RESOLVED to note:

 

1.  Membership data, Fund and Employer performance for the 3 months to 31st March 2019;

 

2.  progress and reviews of the TPR Data Improvement Plan.

Supporting documents: