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The Local Government Pension Scheme (Governance) (Scotland) Regulations 2015
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- Scottish Statutory Instruments
- 2015 No. 60
- Regulation 8
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Remit of Pension Board
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8.—(1) A Pension Board may, in carrying out its duties under regulation 5, consider any matter concerning pensions it deems relevant to the activities of the relevant fund including—
(a)any reports produced for the Pension Committee;
(b)the annual report referred to in regulation 55 of the 2014 Regulations;
(c)external voting and engagement provisions of the fund in respect of the fund’s investments;
(d)fund performance and administration;
(e)actuarial reports and valuations in respect of the relevant fund; and
(f)funding strategy in respect of the relevant fund.
(2) A Pension Board may monitor the investments of the relevant fund and its investment principles and strategy and any guidance to which it is subject.
(3) A Pension Board may seek a report from the scheme manager on any aspect of the relevant fund and the scheme manager must provide such a report within a timescale agreed by the Board and the scheme manager.
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