The Avon Pension Fund Pension Board has been set up to assist in the good governance of the scheme through the monitoring of Fund performance and adherence to statutory duties.
The Local Pension Board is not a decision-making body - its role is to assist in the compliance with scheme rules.
The Local Pension Board consists of three employer and three member representatives and an independent chairperson.
Who can become a member representative?
Any member of Avon Pension Fund (whether you’re paying into the scheme, have previously paid in or are receiving a pension) can step forward and nominate themselves to be a member representative on the Board, when a vacancy opens.
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.
Ideal candidate for the member representative role
- members 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.
Additional information