The Independent 14 April 2008
The Local Authority Pension Fund Forum has added its name to the growing list of critics of Marks & Spencer's plan to promote its chief executive Sir Stuart Rose to the post of executive chairman.
Financial Times 15 April 2008
Marks & Spencer faced fresh shareholder criticism from local authorities on Monday even as a new blue-chip buyer emerged as a top-five shareholder.
Professional Pensions 6 February 2008
Bradford City Council leader Ian Greenwood has been appointed chairman of the Local Authority Pension Fund Forum following its annual general meeting.
Global Pensions 29 November 2007
UK - Pension funds have been encouraged to engage with companies over merger and acquisition activity by the Local Authority Pension Fund Forum (LAPFF).
Thomson Investment Management News 22nd October 2007
The Local Authority Pension Fund Forum (LAPFF), whose members have assets of 85 bln stg, said it has signed the UN principles of responsible investment.
Global Pensions 13th August 2007
UK - A quarter of the UK's larger companies do not provide proper reports to shareholders on audit practices, according to the Local Authority Pension Fund Forum (LAPFF).
Professional Pensions, 26 June 2007
THE Local Authority Pension Fund Forum has urged the Institutional Shareholders Committee to recommend fund managers to publicly disclose comprehensive data on how they exercise voting rights.
Global Pensions, 9 July 2007
UK Local authority pension funds have urged the government to adopt more rigorous targets than those set out in the draft Climate Change Bill.
FT, 26 March 2007
Some shareholders in BP are threatening to vote against the oil company's executive pay proposals in protest at the size of Lord Browne's remuneration package when he leaves in July.
Guardian, 26 March 2007
BP faces a showdown with its shareholders over the pay packet of the out-going chief executive, Lord Browne, and the failure of the oil company to link its directors' pay to health and safety issues.
The Telegraph, 26 March 2007
A group of pension funds is to vote against the remuneration report at BP's annual meeting next month because they say the company will not link executive pay to improving its safety record.
Jonathan Stapleton in Professional Pensions, 12 March 2007
The Local Authority Pension Fund Forum has released a guide on assessing investment manager engagement with companies over labour standards in China.
Pensions Week, 12 March 2007
Pension funds investing in Chinese companies can monitor their fund managers’ engagement with company labour standards, following the publication of public sector guidance.
Financial Times, 12 February 2007
The Local Authority Pension Fund Forum has called on BP to take steps to improve its safety record, and warned that its members would vote against the board if there was insufficient progress.
The Times, 12 February 2007
The Local Authority Pension Fund Forum, which controls ?70 billion of assets and has ?700 million invested in BP, has demanded that BP effect stronger controls on remuneration and internal investigations after a series of safety failures.
Public Finance, 9 February 2007
Public sector pension funds have launched a campaign against inflation-busting bonuses for executives at US and multinational companies, using their substantial assets as leverage.
Local government, transport and education pension schemes have joined forces with international public bodies and asset managers to call for compulsory shareholder votes on future US ‘executive compensation’.
Professional Pensions, 5 February 2007
Local authority pension funds are set to initiate a major shareholder engagement campaign in a bid to improve company audit practices.
Financial News, 6 February 2007
Council pension funds with a combined £70bn (€106bn) in assets have launched a shareholder campaign to put pressure on UK companies to improve their audit controls.
The Guardian, Thursday 18 January 2007
Shareholders are calling for Lord Browne and other BP directors to have their bonuses more closely tied to the company's safety and environmental performance in the wake of problems such as the Texas City refinery fire.
Financial Times, 9 October 2006
UK local authority pension fund trustees are dissatisfied with the quality of shareholder activism being conducted by fund managers working on their behalf, a new report has claimed.