Donna Smith, Head of Finance & Risk introduced a report that presented Board Members with a copy of the report taken to Pensions Committee in September which presented the annual report and accounts for Merseyside Pension Fund for 2020/21 and a letter of representation prepared by officers on behalf of the Committee.

Donna Smith explained to Members that there is a statutory requirement to produce an annual report for the year to 31 March by 1 December of that year.  The annual report contains all the reports in accordance with the regulations and is prepared by senior officers at the Fund.  The annual report remained as a draft document until Wirral Council Financial Statements, including the Financial Statements of the Fund are approved by ARMC and the auditor provides their opinion.  The annual report had been published on the Fund’s website and a copy sent to the LGA in accordance with the regulations.

On behalf of the Local Pensions Board the Chair thanked Donna Smith and her team for their hard work and it was;

Resolved – That the report be noted.