London Collective Investment Vehicle
Councils are currently enhancing oversight of the London Collective Investment Vehicle and finalising asset onboarding, alongside ongoing investment strategy discussions.
Barnet Pension Fund is enhancing its oversight of the London Collective Investment Vehicle (LCIV), with officers authorised in September 2026 to develop a new governance framework. This follows Ealing and Islington pension committees receiving updates on LCIV oversight in September 2026. Newham Council's Pensions Committee also finalised the onboarding of its remaining assets with the London CIV in July 2026.
Councils are also addressing investment strategies within their pension funds, which use the LCIV. Tower Hamlets Pensions Committee resolved in September 2026 to proceed with targeted exclusion and divestment concerning companies listed by the UN. This follows Hillingdon Council's Pensions Committee addressing a divestment petition in December 2025 and Sutton's Pension Board reviewing its investment policy in July 2025 after a similar petition.
The London Collective Investment Vehicle (LCIV) is a collective investment vehicle used by local government pension funds for investment and stewardship. In December 2025, Bromley Council's Pensions Committee evaluated a proposal for the Buckinghamshire Pension Fund to join the LCIV pool. All upcoming meetings supplied have this topic on their agenda, indicating ongoing discussions.
Key facts
- Barnet Pension Fund's Pension Fund Committee resolved in September 2026 to authorise officers to develop an oversight governance framework for LCIV. Source
- Bromley Council's Pensions Committee evaluated a proposal for the Buckinghamshire Pension Fund to join the LCIV pool in December 2025. Source
- Hillingdon Council's Pensions Committee addressed a petition for divestment from companies in December 2025. 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.