Issue

LGPS governance and pooling regulations

1 story · 1 council

Lewisham Pension Fund recently reallocated £95 million, influenced by new LGPS governance and pooling regulations.

Lewisham Pension Fund recently reallocated £95 million from equity to credit and UK government bonds, a strategic shift influenced by new LGPS governance and pooling regulations. The fund's Pensions Committee approved this change on 15 October 2026, moving funds from the London CIV Passive Paris Aligned Equity Fund to the London CIV All Maturities Buy & Maintain Credit Fund, with further allocations to index-linked government bonds planned.

These regulations govern the administration and investment pooling of Local Government Pension Schemes (LGPS) across the UK. Councils are currently reviewing their investment strategies to align with these updated requirements, as seen with Lewisham's recent decision to reduce its equity exposure.

Key facts

  1. Lewisham Pension Fund's Pensions Committee approved a reallocation of £95 million on 15 October 2026. Source
  2. The £95 million was reallocated from equity to credit and UK government bonds. Source
  3. The reallocation was influenced by new LGPS governance and pooling regulations. 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 16 October 2026. Spotted a mistake? Email community@opencouncil.network.

Latest stories

  1. Lewisham Pension Fund Reallocates £95 Million to Credit and UK Bonds, Reducing Equity Exposure Lewisham Pension Fund Reallocates £95 Million to Credit and UK Bonds, Reducing Equity Exposure Lewisham 16 October 2026