Pooled investment structure
Lewisham Pension Fund is pooling investments with the London Collective Investment Vehicle, as mandated by government reforms.
In March 2026, Lewisham Pension Fund's Pensions Investment Committee approved an Investment Management Agreement with the London Collective Investment Vehicle (LCIV). This decision facilitates the pooling of the fund's investments with the LCIV, effective from April 2026, as part of a broader consolidation of assets across London boroughs.
The move to a pooled investment structure, where multiple investors combine assets for greater diversification and economies of scale, is mandated by the government's 'Fit for the Future' reforms for the Local Government Pension Scheme.
Key facts
- Lewisham Pension Fund's Pensions Investment Committee approved an Investment Management Agreement with the LCIV in March 2026. Source
- The agreement formalises the transfer of investment management responsibilities to the LCIV from April 2026. Source
- The pooling of investments is mandated by the government's 'Fit for the Future' reforms for the Local Government Pension Scheme. 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.