London CIV
London CIV is overseeing asset pooling for London pension funds under new reforms, while councils address responsible investment and local asset allocation.
In September 2026, Havering Pension Fund discussed a business plan and updated investment strategy driven by the Pension Schemes Act 2026, which came into force in June 2026. Enfield's Local Pension Board and Lewisham's Pension Board also received updates on London CIV pooling arrangements and the 'Fit for the Future' reforms during September 2026. These reforms mandate that Local Government Pension Scheme assets be managed through FCA-regulated pooling companies like London CIV.
Tower Hamlets Pensions Committee resolved in September 2026 to divest from companies violating human rights based on the UNOHCHR database, also requesting special training on ESG matters. Separately, Havering Pension Fund is exploring investing up to 10% of its £1.18 billion assets in local opportunities, as discussed in September 2026. Hammersmith and Fulham Council's pension fund decided in June 2026 to invest between 5% and 10% of its assets locally.
London CIV, an investment pooling vehicle for London local government pension funds, manages approximately £60 billion in assets, with £38 billion actively managed by the organisation itself, as noted in July 2026. The 'Fit for the Future' reforms, which came into force in June 2026, have redefined roles, with London CIV overseeing investment implementation while partner funds retain responsibility for setting their investment strategy.
Key facts
- Havering Pension Fund is exploring investing up to 10% of its £1.18 billion assets in local opportunities. Source
- Tower Hamlets Pensions Committee resolved in September 2026 to divest from companies violating human rights based on the UNOHCHR database. Source
- The Pension Schemes Act 2026 came into force on June 30, 2026. Source
- London CIV manages approximately £60 billion in assets, with £38 billion actively managed. Source
- Hammersmith and Fulham Council's pension fund decided in June 2026 to invest between 5% and 10% of its assets locally. 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 30 September 2026. Spotted a mistake? Email community@opencouncil.network.