Decision

The Local Pension Board has decided to approve recommendations following the review of the Annual Report and Accounts for 2024/25.

Analysis

outcome: Recommendations were approved.

summary: The Local Pension Board reviewed the Annual Report and Accounts for 2024/25 and approved responses to Audit Wales's Enquiries of Management.

topline: The Local Pension Board has decided to approve recommendations following the review of the Annual Report and Accounts for 2024/25.

reason_contentious: This issue is not particularly contentious as it mainly involves reviewing financial documents and responding to audit inquiries.

affected_stakeholders: ["Local Pension Board", "Audit Wales"]

contentiousness_score: 2

political_party_relevance: There are no mentions or implications of political parties or political influence on the decision.

URL: http://moderngov.torfaen.gov.uk/ieDecisionDetails.aspx?ID=8638

Decision Maker: Local Pension Board

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: The Local Pension Board:   I. Noted the Annual Report and Accounts for 2024/25 and raise any questions on the contents as appropriate II. Noted the intention of Audit Wales to issue an unqualified opinion within the ISA260 following their annual audit work on the Annual Report and Accounts 2024/25 III. Noted the responses provided to Audit Wales’s Enquiries of Management as approved by the Pension Committee  

Date of Decision: November 5, 2025