Appointment of Independent Member/Chair of Dyfed Pension Fund Pension Board
Description: Carmarthenshire County Council, as administering authority of the Dyfed Pension Fund, seeks market views on the procurement of an Independent Member/Chair for the Pension Board. The Council requires an Independent Member/Chair for the Dyfed Pension Fund Pension Board in accordance with LGPS Governance Regulations 2015. The Board comprises 7 members: 3 Employer Representatives, 3 Scheme Member Representatives, and 1 Independent Member/Chair. Key responsibilities / Scope: - Provide leadership and direction to the Pension Board - Chair quarterly Board meetings and facilitate pre-meetings - Present reports to Pension Committee meetings - Ensure compliance with PSPA 2013, LGPS regulations, and Pensions Regulator Code of Practice 14 - Monitor and coordinate Board member training and knowledge requirements - Represent the Board in Wales Pension Partnership engagement meetings - Oversee Board effectiveness (read more...)
Summary: Carmarthenshire County Council is initiating a procurement process for the "Appointment of Independent Member/Chair of Dyfed Pension Fund Pension Board". This service procurement, under the planning stage, is primarily focused on the pension and insurance services industry category, with activities planned in the UK region designated as UKL14. The preliminary market engagement is currently seeking feedback on the availability of suitable candidates with expertise in LGPS (Local Government Pension Scheme) and pension governance, with responses due by 16th January 2026. Potential bidders should note the anticipated start date for the contract on 1st April 2026, and it will span a three-year period, with the possibility of extending up to an additional two years.