NESPF Fund votes at all Annual General Meetings and extraordinary meetings for companies in which we invest. PIRC (Pensions & Investment Research Consultants Ltd) is the current service provider who provides voting advice to the Pension Fund. LAPFF (Local Authority Pension Fund Forum) also provide us with research including the receipt of regular alerts on FTSE 350 companies with serious corporate governance failings. Both sources of information are taken into account when making our voting decision. All voting on behalf of our investments with external active Fund Managers is carried out In-house. Voting on our Passive investments is carried out by State Street Global Advisors and our diversified growth funds by their relevant fund manager.