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Regulatory Statements

Business Plan

This explains the:

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  • Background; and
  • objectives for the Cornwall Pension Fund.

It documents the priorities for the Fund. It also documents the improvements to be implemented by the Fund over a three-year period.

The Business Plan also enables progress and performance to be monitored. It provides stakeholders with a clear vision for the three-year period.

Use the link below to view the plan:

This explains the Fund's:

  • policies on the provision of information; and
  • publicity about the Cornwall Pension Fund.

This is for:

  • members;
  • representatives of members; and
  • employing authorities.

Use the link below to view the policy:

This explains the funding objectives of the Fund. This includes:

  • how the costs of the benefits provided under LGPS are met through the Fund;
  • the objectives in setting employer contribution rates; and
  • the funding strategy that is adopted to meet those objectives.

Use the link below to view the strategy:

Cornwall Pension Fund Funding Strategy Statement (March 2017)

This sets out an analysis of the Fund's compliance with the latest guidance. This is guidance issued by the Department of Communities and Local Government (DCLG).

Use the link below to view the statement:

This explains the governance arrangements of the Fund.

It includes:

  • the makeup of the Pension Committee; and
  • an outline of the tasks delegated to the Committee and to the Fund's Officers.

Use the link below to view the statement:

This details:

  • the Fund's investment strategy. This includes the Fund's assessment of the suitability of particular types of investments
  • the balance between asset classes
  • the approach to risk
  • the policy on stewardship
  • social, environmental and corporate governance considerations

The strategy includes the approach to pooling. It also shows the relationship with the Brunel Pension Partnership.

Use the link below to view the statement:

This ensures that parties are fully aware of their responsibilities under the LGPS. These parties are both the:

  • Administering Authority
  • Fund employers 

It also outlines the performance standards they are expected to meet. These are to ensure delivery of a high quality and cost effective administration service. 

Use the link below to view the strategy:

This document is used to ensure that the risks associated with the Fund are effectively:

  • identified
  • prioritised
  • managed
  • monitored

Use the link below to view the register:

Cornwall Pension Fund Risk Register (December 2018)