Additional documents:
Minutes:
Report FSD19045
The Committee considered a report which provided Members with the most recent Risk Registers for the areas falling under the Committee’s remit. The Chairman reported that he had asked that the Transformation Programme be added to the Risk Register.
Members noted the addition of a Health and Safety risk on the Human Resources Risk Register.
In response to a question concerning IT system failure and what would happen if benefits did not get paid, the Director of Finance confirmed that this formed part of the Disaster Recovery Plan and work was underway to move the Academy Benefits System into a Cloud based system to provide greater resilience.
In response to a question concerning the Pension Fund, the Director of Finance confirmed that the actuarial valuation was due later this year and would be based on information as at 31st March 2019. It was likely that the report would be presented to Members in January/February 2020.
RESOLVED: That the report be noted.