Independent Person

The Independent Person plays a key oversight role, contributing independent commentary, technical expertise, and constructive challenge across all aspects of fund management.

These include but are not limited to:

Provide independent oversight, assurance and challenge across all pension areas, including investment and funding, administration and governance.

Provide strategic advice to support the development and review of pension fund strategies and the business plan.

Support Pension Fund Committee in being an effective decision-making body, working with Committee members to build knowledge and understanding to enable effective assessment and challenge of advice.

Provide impartial advice and broader pensions sector perspective to assist in decision making.

Constructively challenge advice presented by investment advisers, actuaries, officers, the asset pool and other advisers as appropriate.

Work with officers to help identify emerging risks and support the monitoring and mitigation of these.

Work in the best interests of scheme members and employers to promote the long-term sustainability of the Fund.

Support the LGPS Senior Officer, acting as a trusted adviser and sounding board, contributing wider industry insight and best practice to support effective governance, robust oversight and high quality decision-making.

Contribute to the development and continuous improvement of governance and compliance arrangements, including the implementation of governance review recommendations., The role will also encompass oversight of the administering authority's position as both shareholder and client of its asset pooling company, London CIV, supporting the monitoring of the asset pool's implementation of the Fund's investment strategy.