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LAPFF and NAPF join forces to seek clarity on directors' pensions
The Local Authority Pension Fund Forum (LAPFF) and the National Association of Pension Funds (NAPF) have told companies to be more upfront with shareholders about the pension perks of their top executives.
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Paul Reddaway Head of Treasury & Pensions at Enfield said "We decided to join the LAPFF because it afforded the Enfield Pension Fund a bigger voice in the world of Corporate Governance." |
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Greater powers for shareholders and tighter rules in respect of audit have been key proposals of the Local Authority Pension Fund Forum (LAPFF) in its recent work on financial reporting in the wake of the financial crisis. |