LAPFF

James Murdoch's decision to step down as BskyB chairman has been welcomed by shareholder groups.

Keith Bray looks at the rise of the Local Authority Pension Fund Forum and explains how, by acting together, council pension schemes can maximise their influence as shareholders.

Schemes must channel their corporate governance resources towards oversight of remuneration committees to stem the tide of large executive pay rises, a high pay expert says.

Local authority pension funds should start "dipping their toe" into social investment projects and allocating small portions of their portfolios to the asset class, delegates heard.

Institutional investors should "blur the line" of responsibility for equity investments and empower boards by trusting them more, a governance chief suggests.

Accounting standards were a "root cause" of the financial crisis and should be subject to a comprehensive review, according to the Local Authority Pension Fund Forum.

The Local Authority Pension Fund Forum has urged its members to oppose James Murdoch's re-election as chairman of British Sky Broadcasting.

The Local Authority Pension Fund Forum has called on News Corp to refresh its board after a shareholder revolt at the company's annual general meeting.

Hermes Equity Ownership Service has announced its intention to withold support from key board members at the forthcoming News Corporation shareholder meeting.

Local authority pension funds have called for News Corporation to overhaul its board structure in the wake of the phone hacking scandal.