Who runs the pension fund
The LB of Barking & Dagenham Pension Fund is run by Barking & Dagenham Council.
This means that Barking & Dagenham Council is the "administering authority" in the Local Government Pension Scheme Regulations.
The Council has set up the LB of Barking & Dagenham Pension Fund Board to make decisions and take responsibility for management of the fund.
Administering authorities have to act in the interests of all employers, members and their dependants within the fund. The role of the administering authority is very similar to that of a trustee.
Pensions Services at LBBD Council look after the day to day running of the fund.