A report by the Chief Internal Auditor reported on the Internal Audit Service plans. Members of the Local Pensions Board heard how reports, including recommendations produced following audits are presented to Fund managers. Members were then informed that summary report is produced annually by the Chief Internal Auditor and an overall opinion provided as to the effectiveness of the Fund’s control environment.

This report presented the Chief Internal Auditors Annual Report for 2020/21

The report contained exempt information. This was by virtue of paragraph(s) 3 of Part 1 of Schedule 12A of the Local Government Act 1972, i.e., information relating to the financial or business affairs of any person, including the authority holding that information.

Resolved – That the Merseyside Pension Fund Internal Audit Report 2020/21 be noted.