The Director – Assurance (Grant Thornton UK LLP) presented the Audit Plan for the Merseyside Local Government Pension Scheme for the year ended 31 March 2014. He highlighted the need to understand the challenges and opportunities the Pension Fund was facing and set out the impact on the Fund of key developments in the sector. He provided a summary of the audit approach, referred to the significant and other risks that had been identified and provided an indication of fees.

Resolved – That the report be noted.