URL: https://bradford.moderngov.co.uk/ieDecisionDetails.aspx?ID=7424

Decision Maker: West Yorkshire Pension Fund Advisory Panel

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: Resolved –   (1)   That the fund account and net asset forecast for 2025/26 be noted.   (2)  That the latest WYPF net management expense forecast of £23.63m against a budget of £19.64m, overspend of £3.99m. Due to the cost of setting up the Northern LGPS FCA entity be noted.   (3)  That the revised budget of £23.63m for 2025/26, based on the latest expenditure forecast for 2025/26 be approved.   (4)  That the proposed budget of £27.45m for 2026/27 be approved.   (5)  That the 2024/25 WYPF cost per member of £51.04 produced from the 2024/25 HMG sf3 statistical return indicating that WYPF has the 2nd lowest cost per member be noted.     To be actioned by:  The Managing Director, WYPF    

Date of Decision: January 29, 2026