Local Authority Pension Fund Forum

The LAPFF Mission

LAPFF exists to promote the investment interests of local authority pension funds, and to maximise their influence as shareholders whilst promoting corporate social responsibility and high standards of corporate governance amongst the companies in which they invest.

Formed in 1990, the LAPFF Forum brings together a diverse range of local authority pension funds with combined assets of over £80 billion.

Latest News

Forum continues push for governance reform

LAPFF has been continuing its work to encourage proper reform in the wake of the financial crisis by responding to a number of consultations

The Forum has given its support to efforts to improve corporate governance and strengthen shareholder engagement in the wake of the financial crisis. As part of its ongoing work in respect of public policy, LAPFF has recently made submissions to both the Walker Review and to the Financial Reporting Council.

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40% of shareholders back LAPFF at M&S

LAPFF is looking forward to an immediate dialogue with the company about how it plans to respond to 40% of shareholders backing the LAPFF resolution.

Given the scale of the vote at the Marks and Spencer AGM on resolution 16, (37.7% vote in favour, with abstentions taking the total not supporting management to over 40%) LAPFF is looking forward to an immediate dialogue with the company about how it plans to respond.

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Pension funds set out governance reform agenda

The Local Authority Pension Fund Forum (LAPFF) has pledged to push for governance reform in a public statement on its post-crisis agenda issued today.

The Forum is already undertaking engagement with a number of financial institutions over issues such as remuneration and audit. In releasing a public statement LAPFF hopes to both encourage the ongoing process of governance reform, and give companies a clear idea of what leading institutional shareholders are thinking.

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