Key Strategies and Policies

Ref	Regulation	Description	Avon Pension Fund Policy
1	R55	Prepare a Governance Compliance Statement setting out whether the administering authority delegates their function or part of their function in relation to maintaining a pension fund to a committee, a sub-committee or an officer of the administering authority and, if they do so delegate, state: - the frequency of any committee or sub-committee meetings, - the terms, structure and operational procedures appertaining to the delegation, and - whether representatives of employing authorities or members are included and, if so, whether they have voting rights. The policy must also state: - the extent to which a delegation, or the absence of a delegation, complies with Secretary of State guidance and, to the extent it does not so comply, state the reasons for not complying, and - the terms, structure and operational procedures appertaining to the local pensions board.	APFs Governance Compliance Statement is reviewed and published annually following approval by the Pension Committee. The statement is available on our website here: Governance Compliance Statement
2	R105(2)	Decide whether to delegate any administering authority functions under the Regulations.	APF has determined not to delegate any functions under the Regulations but reserves the right to consider doing so on an individual case basis.
3	R58	Decide on the funding strategy for inclusion in the Funding Strategy Statement.	APF’s Funding Strategy Statement is prepared, maintained and published annually and is agreed in co-operation with the Fund’s actuary and in consultation with employers. The latest Funding Strategy Statement is available on our website: Funding Strategy Statement
4	R61	Prepare, maintain and publish a Communications Policy setting out how the administering authority communicates with members, representatives of members, prospective members, and scheme employers, and the format, frequency and method of communications.	APF’s Communications Policy Statement is available on our website: Communications Policy Strategy
5	R59(1)&(2)	Prepare and publish a pensions administration strategy.	APF has prepared a Pensions Administration Strategy which is reviewed periodically in consultation with stakeholders and approved by the Pension Committee. The strategy is available on our website: Pensions Administration Strategy