Law or policy

Local Government Pension Scheme (LGPS) governance arrangements

1 story · 1 council

Tower Hamlets Council is considering the impact of divesting pension funds from companies involved in human rights abuses.

Tower Hamlets Council's Pension Committee is currently discussing the potential impact on fund returns of divesting from companies implicated in human rights abuses. A report presented to the committee in September 2026 warned that while excluding companies on the UNOHCHR database might have a minimal effect on expected returns, broader exclusions could lead to substantial changes in the fund's risk and return profile.

The committee considered analyses from London CIV and Marsh regarding the pension fund's holdings against specified lists. No further meetings or decisions on this matter are currently scheduled for the Local Government Pension Scheme (LGPS) governance arrangements.

Key facts

  1. Tower Hamlets Council's Pension Committee was warned about divestment impacting fund returns in September 2026. Source
  2. A report in September 2026 said excluding UNOHCHR listed companies might have a 0.4% effect on index returns. Source
About this summary

This summary was written automatically from our published stories and the council meeting records they draw on, with background from Wikipedia. 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 30 September 2026. Spotted a mistake? Email community@opencouncil.network.

Latest stories

  1. Divestment from rights abusers could hit fund returns Tower Hamlets Council's Pension Committee has been warned that divesting from companies implicated in human rights abuses could significantly impact the fund's returns. A report... Tower Hamlets 16 September 2026