Link to system

The SAB Cost Transparency, Compliance and Validation System can be found here


As signatories to the Code, investment managers are required to complete and submit the template for the relevant mandate (without request) to their LGPS clients on either an annual or quarterly basis as agreed with their client. In order to streamline the process and make it more widely available, the SAB has procured a system to:


As well as ensuring compliance with the Code the system can be used by LGPS clients to:


In specifying the compliance system, the SAB placed great emphasis on security and confidentiality. The template data held within the system will be separate from any other database held by Byhiras and cannot be shared by Byhiras with any third parties for any purpose.

This system went live on 1 April 2020. The Board may publish aggregate totals or averages from the system as part of the scheme annual report. Such reporting will not identify any data at the fund, pool, manager or mandate level.

Purpose of the Compliance System

The purpose of the compliance system is to provide cost effective template data collection and LGPS Code compliance checking, including reporting and data comparison facilities.

The system is paid for from within the Board budget and funded by the levy. LGPS clients and investment managers have access to the system free of any further charge though further enhancements will be discussed with all relevant parties as to possible cost sharing.