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Corporate Governance

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:

NAPF Corporate Governance Policy and Voting Guidelines for Investment Companies
NAPF response to the FRC Consultation on a Stewardship Code - April 2010
Pension Funds and the ISC Code – A Practical Guide
NAPF response to the APB consultation on non-audit services - Feb 2010
NAPF 2010 Corporate Governance Policy Updates - Jan 2010
Mitchells & Butlers: a joint statement by the ABI and NAPF - Dec 09
NAPF response to the FRC Combined code Review - Oct 09
NAPF response to Walker Review - Oct 2009
ISC paper: Improving Institutional Investors' Role in governance - June 2009
NAPF Contribution to the Walker Review of Corporate Governance of the UK's Banking System - June 2009
NAPF response to the Financial Reporting Council's call for evidence: Combined Code - June 2009
NAPF Response to the FSA consultation on Reforming Remuneration Practices in Financial Services - May 2009
NAPF Responsible Investment Guidance - March 2009
NAPF Corporate Governance Policy & Voting Guidelines - 2009
NAPF Corporate Governance Policy & Voting Guidelines - Updates 2008/09
NAPF response to the Audit Firm Governance Consultation - Feb 2009
NAPF response to BERR consultation on Shareholders Rights
Auditor Liability Limitations
Executive Contracts and Severance (ABI/NAPF Joint Statement)
Securities Litigation - Questions for Trustees
Corporate Governance Policy & Voting Guidelines for Investment Companies
Corporate Goverenance Policy & Voting Guidlelines for Aim Companies
Pension Funds and the ISC Code - A Practical Guide