Head of Pensions Investments and Treasury
Sutton Council is responding to new regulations that require its pension fund assets to be fully managed by a collective investment vehicle.
Sutton's Pension Fund assets are now entirely managed by the London Collective Investment Vehicle (LCIV), following the implementation of Fit for the Future regulations on June 30, 2026. These reforms, which mandate collective investment vehicles, also require the appointment of a senior LGPS officer and an independent person, as reported in July 2026.
In March 2026, Catherine Gray, Head of Pensions Investments and Treasury, presented the Sutton Pension Fund's 2024-25 accounts, which received an unmodified audit opinion. An amendment to the accounts involved a post-balance sheet event concerning the liquidation of the Invesco property fund and a subsequent revaluation of assets.
Key facts
- Sutton's Pension Fund assets are 100% managed by the London Collective Investment Vehicle (LCIV) as of June 30, 2026. Source
- Fit for the Future regulations came into force on June 30, 2026. Source
- Catherine Gray, Head of Pensions Investments and Treasury, presented the Sutton Pension Fund's 2024-25 accounts in March 2026. Source
- The Sutton Pension Fund received an unmodified audit opinion on its 2024-25 accounts. 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.