Governance and Communications Policy

Governance Policy Statement

Governance is the leadership, direction and control of organisations to ensure they achieve their aims and objectives. In public service organisations particularly these processes need to be clear and open to scrutiny. The Local Government Pension Scheme Regulations require administering authorities to prepare and maintain a separate written statement of Governance Policy on pension fund matters. The statement may be updated from time to time, with committee approval, to reflect any policy changes.
 

Communications Policy Statement

An effective communications strategy is vital for any organisation which strives to provide high quality and consistent service to its customers.

The Local Government Pension Scheme Regulations require administering authorities to prepare, publish and maintain a Communications Policy Statement setting out its communication strategy for communicating with scheme members, scheme members’ representatives, prospective scheme members and their employing authorities. The statement may be updated from time to time, with committee approval, to reflect any policy changes.
 

Treasury Management Policy Statement 

The Council abides by the Chartered Institute of Public Finance and Accountancy (CIPFA) Code of Practice on Treasury Management. As Pension Fund monies are separated from the Council’s monies it is necessary to adopt a separate Pension Fund Treasury Management Strategy. This sets out where the Fund can invest any surplus cash balances in order to maintain liquidity at the same time as maximising returns. It places limits on the amount and duration of such investments to ensure that no undue risks are taken.”