loans
Auditors have raised concerns about loans and prepayments between the Barking and Dagenham Pension Fund and the council.
External auditors BDO raised concerns in December 2025 regarding loans made between the Barking and Dagenham Pension Fund and the council, as well as prepayments. These issues were discussed by the Pension Committee on 17 December 2025, following a review of a Fund Governance Report.
The auditors' concerns relate to the financial years 2019/20 to 2022/23. BDO highlighted that prepayments of contributions by the council between 2019/20 and 2021/22 were not reflected in the actuary's Rates and Contributions Certificate.
Key facts
- External auditors BDO raised concerns about loans and prepayments in December 2025. Source
- The Pension Committee discussed these concerns on 17 December 2025. Source
- Concerns relate to financial years 2019/20 to 2022/23. Source
- Prepayments by the council 2019/20-2021/22 were not in actuary's certificate. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 1 October 2026. Spotted a mistake? Email community@opencouncil.network.