Members gave consideration to the Audit Findings Report for the year ending 31 March 2020 prepared by Grant Thornton UK LLP.  Grant Patterson, Key Audit Partner and Stuart Basnett, Audit Manager attended the meeting and reported upon the key issues contained in the report.

The report noted that the outbreak of the Covid-19 coronavirus pandemic had had a significant impact on public services. For Merseyside Pension Fund however the impact on the normal operations of the Fund had not been overly significant.

It was reported that the audit was now substantially complete and subject to outstanding queries being resolved it was anticipated that an unqualified audit opinion would be provided in respect of the financial statements as shown in Appendix C: Audit opinion of the report.

The report confirmed that there were no significant facts or matters that impacted on the independence as auditors that were required or wished to be drawn to the Committee’s attention.

Moved by the Chair and formally seconded by Councillor Cherry Povall, it was:

Resolved – That;

1. Grant Thornton be thanked for the presentation on the Audit Findings Report.

2. the Audit Findings Report be noted.