A report by the Director of Pensions provided Board Members with the Treasury Management Policy Statement and the treasury management practices for Merseyside Pension Fund (MPF) for the year 2022/22 that had recently been considered at Pensions Committee.

The report explained how treasury managements are defined as: the management of the Fund’s cash flows, its banking, money market transactions, the effective control of the risks associated with those activities; and the pursuit of optimum performance consistent with those risks.

Donna Smith, Head of Finance and Risk introduced the report.

Resolved – That the report be noted and the implications for Merseyside Fund be considered.