Isle of Wight supports “in principle” decision join LGPS Central

Author: LAPF Investments | Published: November 26, 2025

Isle of Wight Council has said it supports an “in principle” decision is made to join LGPS Central, with this decision being confirmed to central government.  

It follows a wider council meeting held last week.  

The council has also agreed to give authority to the S151 officer – in consultation with the chairman of the pension committee – to take any action they consider necessary to progress the investment pooling work and reduce the risks the fund may face.  

This includes being given authority to enter a memorandum of understanding with LGPS Central.  

Last month the council had voted against “specific recommendations” concerning the fund’s future investment pooling arrangements.

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