Croeso i wefan Cronfa Bensiwn Dyfed
Welcome to the Dyfed Pension Fund website

Discretionary Policies

Under the LGPS regulations, there are separate responsibilities and discretions for the Administering Authority and Employing Authorities. It is a statutory requirement for both bodies to formulate, publish and review their discretionary functions.

In formulating and exercising its policies, the Dyfed Pension Fund will ensure that:

  • It has acted reasonably.
  • There is no ulterior motive.
  • All relevant factors have been considered; and
  • The decision(s) has been recorded adequately.