This page contains links to Havering Council financial information, information about the pension fund for Havering staff and links to data protection and Freedom of Information requests.
Are you a Havering resident looking for financial support? Please see our financial advice page.
Investing or procuring from Israeli companies
The Council’s Investment Strategy focuses on low-risk investments mainly with local authorities and the Government’s Debt Management Office.
With regards to the Havering Pension Fund, the fund must prioritise its fiduciary duties (legal obligations that require one party (the fiduciary) to act in the best interests of another party (the beneficiary) in a relationship of trust and confidence) on behalf of the employers that form part of it.
The fund invests directly in companies and indirectly through pooled funds, with a commitment to responsible investment practices.
The fund prioritises funding future pension liabilities sustainably and expects asset managers to integrate ESG considerations into their decision-making process.
The Pensions Committee ensures that Local Government Pension Scheme benefits are calculated using a statutory formula, independent of the fund’s asset performance.
All our asset managers are signatories to the UN Principles for Responsible Investment and the UK Stewardship Code.