We are asking for members of the scheme (whether you’re paying into the scheme, have previously paid in or are receiving a pension) to step forward and nominate themselves for the member representative role on the Board.
What the board does?
The Avon Pension Fund Board provides an oversight and scrutiny role and helps ensure that the Fund complies with governance and administration requirements, including relevant laws, regulations and codes of practice, such as from the Pensions Regulator.
Its role is to support the Fund to help it make improvements to its governance and administration functions. It can also make recommendations on the same matters to the Pensions Regulator and the national Local Government Pension Scheme (LGPS) Advisory Board.
In line with regulations, the administration authority has agreed the following board structure:
- Three representatives from the membership
- Three representatives from scheme employers
- An independent chairperson
What is the role of the Board members?
- To ensure that the Avon Pension Fund is effectively administered and complies with relevant laws, regulations and codes of practice
- Represent the Board in contact with a range of stakeholders including: employers, members, the LGPS Scheme Advisory Board, the Pensions’ Regulator and the administering authority
- Pro-actively prepare for and participate in meetings of the Board and actively report on the Board’s performance
- Be fully conversant with the Board’s Terms of Reference
- Ensuring the regulations around conflicts of interest/reporting are fully adhered to
- Acting in accordance with the Council’s Code of Practice for elected representatives and officers, as well as the seven principles of public life and relevant laws and regulations.
- Acting with political impartiality and carry out the obligations of the Board irrespective of affiliations outside the Board
Who we are looking for?
- Candidates with a positive and committed attitude to bring a fresh, external view to oversight of governance
- Good communication skills across all levels and the ability to provide constructive debate
- Sound knowledge and experience of implementing good governance practices in the public and/or private sector
- Good understanding of financial reports and accounts
- Ability to analyse and evaluate complex issues and information, to understand the strategic importance underpinning the Fund’s policies
- An understanding of the LGPS, pensions legislation, the local government environment and the national debate over pensions in general
- Be willing and have the capacity to undertake training in order to fulfil the role.
What is the time commitment?
You’ll be expected to allocate up to 12 days a year to the role, although more days will be expected in the first year due to training. The Board meets for a minimum of three times a year, the next meeting being in March 2020. Meetings and training will be during normal office hours, therefore you must have the support of your employer for your commitment to the role.
Will I be paid?
The role is a voluntary one, however expenses including travel and training will be paid.
How do I apply?
You must provide a CV and covering statement as to why you would be appropriate for the role. Names of referees should be included. The referees should similarly demonstrate how the applicant fits the requirements of the role.
Details about the role, background information and the application process in full can be found at www.avonpensionfund.org.uk/pension-board
Closing date is 5pm on 30 January 2020.