pension fund management
Sutton Pension Fund's asset management is transitioning to London CIV as part of 'Fit for the Future' reforms.
Sutton Pension Fund's asset management is transitioning to London CIV, following a Pension Board decision in March 2026 as part of 'Fit for the Future' reforms. The Investment Management Agreement between Sutton Council and London CIV was on track to be signed by the end of March 2026, with London CIV taking over fund manager selection and investment strategy implementation.
The transition means London CIV will assume responsibility for the Sutton Pension Fund's assets, as informed by Catherine Gray, Head of Pensions Investments and Treasury for Sutton Council, to the Pension Board. This move aims to streamline pension fund management across London.
Key facts
- London CIV is set to assume responsibility for the asset management of the Sutton Pension Fund. Source
- The Pension Board decided on March 19, 2026, for London CIV to assume asset management. Source
- The Investment Management Agreement was on track to be signed by the end of March 2026. Source
- This transition is a key component of the 'Fit for the Future' reforms. 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.