Tuesday, 02, Dec 2008 05:53
The NAPF has been involved in the corporate governance debate for over 20 years. Through its Corporate Governance Policy, which is reviewed by members and updated regularly and is firmly based on the provisions of the Combined Code, it aims to protect the interests of its members as shareholders and to provide guidance to companies on corporate governance matters.
The NAPF regularly engages with, and is consulted by, companies on corporate governance matters such as board structures and executive remuneration. It has also been involved, on behalf of members in discussions on accounting policies and company law.
In addition the NAPF will, in response to a member request, facilitate the establishment of a Case Committee to lobby for change at a company which is seen to be underperforming. Members of the Committee are responsible for agreeing how best to approach the issues which they feel are the cause of the company’s problems. The NAPF will provide any necessary support to the process.
Links to:
Combined Code Amendments
Auditor Liability Limitations
Executive Contracts and Severance (ABI/NAPF Joint Statement)
Corporate Governance Policy and Voting Guidelines 2007
NAPF Corporate Governance Policy (update 2006)
Securities Litigation - Questions for Trustees
Corporate Governance Policy & Voting Guidelines for Investment Companies
Corporate Goverenance Policy & Voting Guidlelines for Aim Companies
NAPF Corporate Governance Policy Amendment - Section D - Other Resolutions
The NAPF has been asking for a review of the Section 75 regulations for some time, so we welcome this consultation on what has been a long running concern for both employers and pension funds.
The latest Annual Survey1 from the National Association of Pension Funds (NAPF) has shown that pension funds are continuing to move their assets out of equities and into other investment classes.
The Government’s announcement on a simple way for employers to certify that their pension scheme will meet the 2012 contribution requirements introduces some welcome flexibility.
The National Association of Pension Funds (NAPF) has today launched the final version of its Best Practice Principles on investment advice to pension funds (annex 1).