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Pension Board Member - Employer Representative
- Management Board
- Unpaid
- Hybrid: Edinburgh
- Closing 11th December 2024
- Advertised from 14th November 2024
- Tenure: Expectation of minimum of 3 years
Role
Have you considered joining a Board and interested in developing your leadership and business skills? Do you want to help shape the future of a multi-award winning LGPS pension fund? Can you communicate well with others and form stakeholder relationships?
Then the Lothian Pension Fund Pension Board needs you!
We are looking for committed individuals from diverse backgrounds to join the Pension Board as an Employer Representative and be part of a values driven organisation as we continue to invest in improvements. We would particularly welcome applications from those groups who are currently under-represented at a Board level.
At Lothian Pension Fund we are values driven
- We are agile and dependable
- Our colleagues are self-motivated and team players
- We strive to be innovative and prudent
- We embrace challenge and are respectful
If these resonate with you and you have the time and expertise to support us in our efforts as a sector leading organisation, we would love to hear from you.
Candidates eligible to apply for the Employer Representative role will be drawn from LPF’s Employer bodies (a list of all employers is available on page 115 of our annual report). This would make an ideal opportunity for someone looking to develop board member/trustee experience.
The role
- To provide independent scrutiny and sound judgement, providing challenge and support to ensure the Pensions Committee delivers on its strategic, business, and financial targets.
- Uphold high standards of integrity and probity whilst representing the scheme members and employers of the Lothian Pension Fund.
- Support the Pension Board chairperson in assisting the Pensions Committee to instil the appropriate culture, values and behaviours.
- Have oversight of Pensions Committee assurance models and compliance with requirements imposed in relation to the scheme and by the Pension Regulator.
- Ensure the integrity of financial information and that financial controls and systems of risk management are robust and defensible.
- Consider any reports produced for the Pensions Committee, including the annual report, fund performance and administration, actuarial report and valuations and the fund strategy.
- Devote time to developing and refreshing your knowledge and skills.
What you will get in return
- Great professional development
- Tailored induction programme and training opportunities
- A mentor to help navigate the first couple of meetings
- Opportunity to enhance you network and knowledge as a member of a Board in a welcoming environment
- Satisfaction in giving something back
- Out of pocket expenses (such as travel expenses)
- Option of hybrid meetings to accommodate other commitments.
Time Commitment
- Completion of initial induction programme and ongoing training (mix of in-person and online) to help you develop in your role.This includes 4 LPF training sessions, held quarterly and typically 3 hours each.
- Attendance at 4 Pension Board & 4 Pensions Committee meetings per year.(These meetings are typically held on the same day quarterly plus reading and preparation time
- Any other adhoc meetings and training opportunities.
About LPF
Lothian Pension Fund (LPF) is an award-winning asset backed and multi-employer scheme with around £10 billion of assets. We administer the Local Government Pension Scheme (LGPS) in Edinburgh and the Lothians. As the second largest LGPS fund in Scotland, we serve over 90,000 members and around 60 employers, helping local government workers and their families experience a financially secure retirement. We also manage the Scottish Homes Pension Fund on behalf of the Scottish Government.
LPF is clear in its vision to deliver outstanding pension and investment services. We aspire to be the best LGPS in Scotland, if not the UK.
Core to our purpose, we’re proud to have won the LGPS Fund of the Year at the LAPF Investment Awards in 2023. In 2017, we also became the first UK Local Government pension fund awarded accreditation for the Pensions Administration Standards Association and have held the Customer Service Excellence Award for over ten years.
LPF is unique in Scotland in operating a FCA-regulated investment company, LPFI Limited. We manage over 85% of assets in-house via internal equity, bond and other real asset portfolios (e.g. infrastructure, property and timberland investments). The day-to-day running of LPF is carried out by a specialist team who undertake pension administration, accounting and investment functions. LPF colleagues are employed by an arms-length company, LPFE Limited.
LPF has a Pensions Committee and a Pension Board, both of which play an integral part in our success. The Pensions Committee determines the overall policy objectives, strategy and operation of the LPF and Scottish Homes Pension Fund in accordance with relevant legislation and in the best interests of the members and employer bodies within the pension funds.
The Pension Board is made up of five employer and five member representatives and plays a vital role in providing oversight and assists the LPF Pensions Committee in ensuring compliance with Pension legislation and the Pension Regulator code of practice.
Darren May, Scottish Water, is our current Chair of the LPF Pension Board, and talks about the experience he’s gained as a member and opportunity to learn. See below for his Blog.
Find out more about being a Pension Board member at LPF | LothianPensionFund
Application notes
To apply for this role, please visit our website to upload a copy of your CV together with a cover letter outlining your experience and what you would bring to the role of Employer Representative Board Member.
Key dates
The key dates for the appointment process:
- Applications to be submitted by 11 December 2024
- Interviews will take place in mid January 2025
- Appointments recommended to Pensions Board February 2025
Key training and future meetings dates:
Induction plans will be formalised in consultation with the successful candidate and with the aim to take place during February/March 2025
Pension Board and Committee training session 14 March 2025
Upcoming Pension Board and Pension Committee meetings dates are:
26 March2025
25 June 2025
For an informal chat about the opportunity and appointment process, please feel free to contact LPF’s Company Secretariat Team on CompanySecretariat@lpf.org.uk and we would be happy to share further details on the role.
Exciting opportunity to join our Board and contribute to ensuring that Edinburgh is an inspirational and empowering place to live, work, study or visit – no matter who you are.
We are looking for new Board trustees with drive and enthusiasm who are:
• Passionate about Edinburgh and the Old and New Towns of Edinburgh UNESCO World Heritage Site
• Interested in how we connect and engage all people in our heritage
• Skilled and experienced in one or more of the following: conservation and maintenance of the built environment, legal, finance, HR, events and fundraising
Our purpose is to pro-actively protect and champion Edinburgh’s World Heritage Site for current and future generations through the conservation of historic buildings, delivering improvements to the public realm, developing our new climate emergency programme and engaging people directly with the rich heritage of the city.
As a trustee you will be responsible for the strategic direction of the organisation and stewardship of public and charitably-given funds, supporting and adding value to the work of its professional team in conservation, engagement and capacity building.
We wish to attract people from a broad range of backgrounds, demographics and cultures to steer and inform our work. We are aiming for inclusivity, richness of experience and diversity on our Board and in our workforce, to ensure that Edinburgh World Heritage reflects the diversity of the world we live and work in. We particularly welcome applications from young people or those interested in applying for their first trusteeship. Appropriate support, including induction and training, will be given.
Board meetings occur four times a year and there is an annual away day for trustees and staff to discuss current issues. Board trustees are also expected to play a role in at least one the organisation’s committees or groups.
We are currently seeking a new Treasurer to join our board of trustees and we hope to find someone who has experience of financial management and accountancy. Our current Treasurer will remain on the board until the 31st March 2025. We would like our Board to be representative of our local community. We encourage applications from all sectors of the community.
Role and responsibilities
As well as bearing all the fiduciary duty of a board officer, the Treasurer is the person specifically entrusted with management of the bureau funds. The finance director is also responsible for ensuring that accurate records are maintained and the board is informed of all relevant financial matters.
The tasks associated with this post are:
- liaising with and advising the Chief Executive and Board of trustees on financial matters
- ensuring that proper financial procedures and accounting practice are in place to safeguard the bureau’s resources
- preparing financial statements for board meetings and for the annual general meeting
- liaise with the appointed Independent examiner for the annual review of accounts
- preparing an annual budget and advising the board of its financial requirements for the year ahead
Please note this role is a voluntary position with no renumeration. Please see role description.
Summary
Project Esperanza (SCIO) launched officially in 2021. We are a trusted organisation whose social purpose is to offer practical, emotional and integration support predominantly to families of African heritage but also support a huge base of people from multi ethnic backgrounds. We are the pioneers of race and faith sensitive, culturally authentic and appropriate, specialised support and services in North Edinburgh. We are a registered charity (SC051454) looking for several new members to join the organisation’s Board of Trustees. We are seeking to appoint trustees that will fill vacancies at the end of the financial year in March 2025.
We are looking for a new Non Executive Board to shape our strategy around the future of Black families in Scotland, steer our direction, support the development of our organisation in its next phase of growth and hold us accountable to our mission. We are looking for applicants with specific skills, experience, and interest in any of the following areas:
- Digital marketing and public relations
- Secretary to the Board
- Journalism/Publishing/Media (wider UK)
- Accountancy
- Fundraising
- Employment Law
- Sustainability/climate emergency
- Women’s health
The role of on Executive Board members
This role involves:
- Holding the CEO/Director and staff accountable to delivering our mission
- Reviewing strategy, outcomes and progress against the mission and objectives
- Identifying and agreeing new areas for development
- Overseeing and supporting on strategies for funding and revenue generation
- Making
decisions to safeguard the reputation and maximising the success of the organisation, including:
- Ensuring governance requirements are met
- Complying with safeguarding and data protection policies
Non Executive Board members will be required to:
- Board meetings take place four times per year in March, June, October, and December.
- Trustees are appointed for a term of 2 years, with the option to stand for re-election for an additional 2-year period after a performance review
- Attend our Annual General Meeting
Remuneration
There is no remuneration for this role but reasonable expenses incurred in attending meetings (including costs of childcare) and other Project Esperanza related activities will be paid.
Are you looking for a rewarding opportunity in which you can use relevant skills, knowledge, and experience to contribute to a collective endeavour and provide tangible recognition of harm to survivors? The role will involve making complex, high quality and holistic decisions that are thoughtful, robust and take full account of the unique experience of individual survivors of historical child abuse in care.
For decades, some children in residential care in Scotland were failed by those entrusted to look after them. Scotland has taken steps to face up to the failings of the past by establishing a redress scheme for survivors of historical child abuse in care. The Redress for Survivors (Historical Child Abuse in Care) (Scotland) Act 2021, legislated for the establishment of a survivor focused route to redress for historical child abuse in care, and in some circumstances, their next of kin.
Scottish Ministers are now looking to appoint additional panel members to Redress Scotland.
About the role
Panel members will be expected to uphold the highest standards of impartiality and objectivity in making determinations, to help foster trust in the work of Scotland’s Redress Scheme, with Redress Scotland, and survivors. Panel members will be fully supported in the role and will receive training to develop a good understanding of, and be closely guided by, statutory guidance, including the assessment framework.
We welcome applications from people who have considerable experience from a range of areas including health, law, justice, social work, and human rights. Additionally, individuals with an understanding of the Scottish care system and child development, or specialist knowledge of complex trauma, are particularly encouraged to apply.
Skills and experience required
Essential Criteria
- A track record of delivering evidence based decision making
- Working effectively with others
- Excellent communication skills
- Expertise working in emotional and psychological trauma, law, social work, health, or other relevant fields
Additional desirable criteria
- Resilience and self-awareness
- Experience of working on a decision making panel, tribunal or committee setting
This is a challenging yet rewarding role, through which you can make a real difference to people’s lives.
Time commitment
Due to the nature of the panel member role, the weekly time commitment will vary. However, it is anticipated that a commitment to attend at least 12 panel sitting days per year will be required. Additionally, there will be a need to allocate extra days each month for pre and post panel work, training, and other relevant meetings. We estimate that these activities will require a commitment of at least 38 days annually. There is scope to work additional days, up to a maximum of 180 days per year, depending on your overall availability.
Remuneration and expenses
The appointment is remunerated at a daily rate of £390 (non-pensionable). Travel and subsistence costs, as well as reasonable receipted dependant carer and childcare expenses, incurred in relation to the work of Redress Scotland, will be reimbursed.
Location
Redress Scotland is a digital first public body and has no office base. Most of Redress Scotland’s work is conducted remotely, however some ‘in-person’ meetings will be required at times to carry out the full range of panel member activities.
Further information
For full details, please download the Applicant Information Pack
For further information about Redress Scotland, please see redress.scot where you will find key reports and resources on operational activities.
Do you want to find out more about the role of a panel member at Redress Scotland? Sign up to an open session being held remotely on Thursday 14th November 2024 at 12:30, by completing the short form here: forms.office.com/e/aChL1EaEHt
If you would like to discuss the work of Redress Scotland in more detail, please send your contact details to RedressScotlandResourcing@gov.scot and we can arrange an informal conversation with a senior member of staff from Redress Scotland.
Applicants for public appointments must be legally entitled to work in the UK. Please see the applicant information pack for more details.
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