Lewisham's Pension Fund has seen its value rise to £1.88 billion, according to the Pension Fund Draft Annual Report 2024/25 presented at the Pensions Investment Committee meeting on 25 September 2025.
The fund's value increased by £40 million (2.1%) over the year, climbing from £1.842 billion to £1.882 billion. The Pension Fund Annual Report Cover report Final notes that the external audit on the Pension Fund accounts is expected to be presented to the Audit and Risk Committee in November 2025.
The Pension Fund Annual Report 2024-25 also highlights the Fund's ongoing efforts to reduce its exposure to fossil fuels. Since 2018, the equity portfolio has decreased its fossil fuel exposure by over 50%. Lewisham continues to work with the LCIV to increase the proportion of its assets that are pooled, in line with government expectations.
