Local Government Pension Scheme (Pooling, Management and Investment of Funds) Regulations 2026
Councils are currently focusing on updating investment strategies and managing risks under the new Local Government Pension Scheme regulations.
Councils are currently working to update their investment strategies in line with the Local Government Pension Scheme (Pooling, Management and Investment of Funds) Regulations 2026. Havering Council's Pensions Committee approved an updated draft Investment Strategy Statement for consultation in September 2026. Similarly, Bexley Council's Pensions Committee reviewed its fund's investment strategy, and Southwark's Pensions Advisory Panel discussed investment performance and responsible investment initiatives, both in September 2026.
Alongside investment strategy, councils are addressing governance and risk management. Tower Hamlets Pension Board reviewed its Pension Fund Risk Register in July 2026, identifying increasing cyber security threats as a key strategic risk. The board's annual report highlighted the need for robust governance and administration, which the regulations, effective from June 2026, cover regarding the pooling, management, and investment of funds.
The Local Government Pension Scheme (Pooling, Management and Investment of Funds) Regulations 2026 came into force on 30 June 2026. These regulations require administering authorities to formulate and publish an Investment Strategy Statement and govern the pooling, management, and investment of funds within the Local Government Pension Scheme, including requirements for asset pooling and fund governance.
Key facts
- Tower Hamlets Pension Board identified increasing cyber security threats as a key strategic risk in July 2026. 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.