Banking

The request was successful.

Dear Shepway District Council,

Does Shepway District council benchmark its financial services contracts and fees
against other councils?
Does Shepway District council openly share data on fees, charges and investment performance with surrounding authorities?

A May 2013 study featured in the Financial Times found that Staffordshire
Council was paying £3.9 million in pension fund management fees. This was three times the rate paid by Devon for a similar sized fund.

Has Shepway District Council considered joining a financial procurement hub to drive best practice and efficiency savings at scale?

Yours faithfully,

Bryan

Folkestone & Hythe District Council

Dear Mr Rylands

Thank you for your request dated 11 September 2014.

We will endeavour to supply the information you have requested within the requisite 20 working days. If we think that it will take longer, we will contact you.

Kind regards,

Ben Doble (On behalf of Rachel Neville)
PA to Corporate Management Team
Direct dial : 01303 853486
Fax : 01303 853255
Shepway District Council, Civic Centre,
Castle Hill Avenue, Folkestone,
Kent CT20 2QY
E - mail : [email address]
www.shepway.gov.uk
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Folkestone & Hythe District Council

Dear Bryan Rylands,

I am writing in respect of your Freedom of Information enquiry dated 11 September 2014. This request has been handled under the Freedom of Information Act 2000.

Please find below information in response to your request.

• Does Shepway District council benchmark its financial services contracts and fees against other councils? –
No, there is no formal benchmarking but we do share information.

• Does Shepway District council openly share data on fees, charges and investment performance with surrounding authorities? -
Yes

• Has Shepway District Council considered joining a financial procurement hub to drive best practice and efficiency savings at scale? –
Shepway District Council are part of the Kent Buying Consortium and also Kent Finance Officers’ Group which meet regularly to discuss issues such as these.

Should you require any further information, or if you are not satisfied with our response, please do not hesitate to contact me on 01303 853437. You may also request an internal review by writing to the following address:

Freedom of Information Appeals Officer
Legal Services
Shepway District Council
Castle Hill Avenue
Folkestone
Kent CT20 2QY

Alternatively you can use our Customer Comment Form which can be accessed at our website www.shepway.gov.uk

In addition, if you are not satisfied with our response you may apply to the Information Commissioner for an independent review at the following address:

The information Commissioner
Wyncliffe House
Water Lane
Wilmslow
Cheshire SK9 5AF
Telephone 01625 545700
www.informationcommissioner.gov.uk

Yours sincerely,

Rachel Neville
Information and Legal Officer
Tel: 01303 853437
Fax: 01303 853548
Shepway District Council, Civic Centre, Castle Hill Avenue,
Folkestone, Kent, CT20 2QY
E-mail: [Shepway District Council request email]
Website: www.shepway.gov.uk
 
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