The Local Government Pension Scheme (LGPS)-affiliated Cardiff & Vale of Glamorgan Pension Fund manages around £3.707 billion for over 48,000 members across 41 employer partners. Currently, the Fund is recruiting an Independent Person to bolster its governance framework.
This key governance role will provide independent advice, support governance, risk management, investment and administration oversight, and promote transparency and accountability. The Independent Person will be a non-voting member of the Pension Committee.
Key Responsibilities
The Independent Person will provide independent, objective input to support robust decision-making by the Pension Committee, offer constructive challenge on governance, investment strategy, risk management, and compliance, and contribute to the oversight of the Fund’s administration and performance.
They will also support adherence to LGPS regulations, statutory guidance, and best practice, participate fully in meetings, training, and development activities, and promote high standards of governance and accountability.
Requirements and Benefits
Candidates should demonstrate independence from the Cardiff & Vale of Glamorgan Pension Fund and its participating employers, as well as organizations currently providing advice to the Pension Fund. They should have experience in pensions administration, financial management or accounting, and the ability to provide constructive challenge and work collaboratively with Committee members.
The role offers the opportunity to play a meaningful role in safeguarding pension benefits for thousands of Scheme Members, ongoing training and support to develop knowledge of the LGPS, and a collaborative governance culture that values independent challenge, transparency, and constructive engagement.
The time commitment for the role is approximately 12 days per year, with competitive remuneration and reimbursement of reasonable expenses. Applicants should submit a completed application form and a current CV.
Previous experience serving on Boards and Committees or supporting Boards and Committees in an advisory capacity is desirable but not essential. The Fund is looking for candidates who can demonstrate high standards of integrity and professionalism, and who are able to work collaboratively with others while maintaining their independence.
