Pension Fund Risk Register
Tower Hamlets and Bromley councils are addressing risks to their pension funds, including geopolitical tensions, pension reforms, and administration performance.
In November 2025, the Tower Hamlets Pension Board reviewed its Pension Fund Risk Register, a document identifying potential risks to the fund. This followed the Pensions Committee noting in July 2025 that geopolitical tensions and UK Government pension reforms were increasing the fund's risk profile, with an elevated risk from increased liabilities due to market yields and inflation. The committee is considering updating its Risk Management Policy.
Bromley Council's Local Pension Board voiced concerns in August 2025 regarding the pension fund's administration performance, including discrepancies in figures and sub-fund underperformance. To address these issues, Bromley Council implemented monthly service review meetings with Liberata Pensions, the Assistant Director of the Pensions Shared Service, and the Assistant Director of Exchequer.
The Pension Fund Risk Register is a document that identifies and assesses risks associated with a pension fund, outlining mitigation strategies and monitoring changes in risk exposure. This document supports committees in their fiduciary and governance duties under LGPS regulations and Pensions Regulator's expectations.
Key facts
- Bromley Council's Local Pension Board voiced concerns about pension fund administration performance in August 2025. Source
- Tower Hamlets Pensions Committee noted increased risk from geopolitical tensions and pension reforms in July 2025. Source
- Tower Hamlets Pensions Committee is considering updating its Risk Management Policy. Source
- Bromley Council implemented monthly service review meetings with Liberata Pensions. 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.