The Pensions Committee of Islington Council met on Tuesday 15 September 2026 to review the performance of the Pension Fund, discuss investment strategies, and consider the council's four-year business plan. The meeting also covered updates on the London Collective Investment Vehicle (LCIV) and the fund's progress towards Net Zero targets.

Pension Fund Performance April to June 2026

The committee was scheduled to receive an update on the performance of the Pension Fund for the period of April to June 2026. This would have provided an overview of how the fund's investments had performed during that quarter.

London CIV Update

An update was scheduled to be provided on the activities and performance of the London Collective Investment Vehicle (LCIV). The LCIV is a pooled investment vehicle established by London local authorities to manage pension fund assets more efficiently.

Draft Investment Strategy Statement with New Regulation Template

The committee was set to discuss a draft Investment Strategy Statement (ISS) that incorporated a new regulation template. The ISS outlines the fund's long-term investment objectives, risk appetite, and approach to responsible investment.

Investment Strategy Statement (Responsible Investment) Consultation Outcome

The meeting agenda included a review of the outcomes from a consultation on the Investment Strategy Statement, specifically concerning responsible investment. This would have covered feedback received from stakeholders on the fund's approach to ethical and sustainable investing.

Net Zero Considerations on Investments

Discussions were planned regarding Net Zero considerations for the fund's investments. This would have involved reviewing the fund's progress towards decarbonisation targets and exploring strategies to align investments with a net-zero carbon emission goal.

Four Year Business Plan - Objectives Review

The committee was scheduled to review the objectives of the council's four-year business plan for the Pension Fund. This would have involved assessing progress against existing objectives and considering any necessary amendments in light of new regulations and priorities.

Draft Summary Annual Report

A draft of the Pension Fund's summary annual report for 2025/26 was to be presented. This report would have provided an overview of the fund's activities, governance, and financial performance for the past year.

Pension Fund Forward Work Programme

The committee was set to review the Pension Fund's forward work programme. This would have outlined the planned agenda items and key areas of focus for future meetings, including training strategies for committee members.