Isle of Wight Pension Fund members seek ‘greater clarity’ before finalising pooling decision
Published: October 9, 2025
The Isle of Wight Pension Fund has said its members are seeking “greater clarity” before making a final decision on which pool it’s going to join.
It follows a full meeting held by the council, at which members voted against “specific recommendations” concerning the fund’s future investment pooling arrangements.
The fund had announced LGPS Central as its preferred pool back in August.
LAPF Investments has reached out to the council for comment. In response, it said: “It is important to clarify that this decision does not represent a rejection of the need for pooling in principle, nor of LGPS Central or any investment pools.
“The Isle of Wight Council has already submitted an expression of interest in joining LGPS Central, and that position remains unchanged.
“Members expressed a desire for greater clarity and assurance before committing to a final decision.
“The council will continue to engage constructively with LGPS Central and our stakeholders to ensure the best outcomes for scheme members, employers, and the wider community.
“The decision taken was solely in relation to the specific recommendations available at the time of the meeting.”
