Who runs the scheme?

The London Borough of Tower Hamlets is the Administering Authority for the Tower Hamlets Pension Fund. The Pensions Committee is the body with delegated powers to administer the Fund.

The Committee, comprised of elected representatives of Tower Hamlets Council and non-voting employer and scheme member representatives, recognise that they have fiduciary duties and responsibilities towards beneficiaries, employers and local taxpayers that are analogous to those holding the office of Trustee in the private sector.

The Committee takes expert professional financial advice to assist it with managing the Fund.

The Committee’s terms of reference require them to act as Trustees of the Council’s Pension Fund within the terms of the Superannuation Act 1972.

The full terms of reference for the Committee can be found in the Council Constitution (Part 3.3.10, Responsibility for Functions) pg. 102. http://democracy.towerhamlets.gov.uk/ieListDocuments.aspx?CId=663&MId=5697&Ver=4&Info=1


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0800 121 6593
+44114 452 5008 (overseas)
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