NESPF votes at all Annual General Meetings and extraordinary meetings for companies in which we invest. Our current service provider is PIRC (Pensions & Investment Research Consultants Ltd), who provide voting advice to the Pension Fund.
The LAPFF (Local Authority Pension Fund Forum) also provide us with research including regular alerts on FTSE 350 companies with serious corporate governance failings. Both sources of information are taken into account when making our voting decisions.
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.