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UKSIF astonished at NAPF comments


The UK Social Investment Forum has expressed concern at recent comments to the Government by the chairman of the National Association of Pension Funds.


The UKSIF says it is astonished by the comments from Alan Pickering. In a recent press release he attacked the Government&#39s proposals to require pension trustees to declare their attitude to social and environmental investments.


Pickering claims the proposals &#39could damage British industry, UK employment prospects and pensioners security.&#39


UKSIF executive director Penny Shepherd says: &#34Long term pension funds will strengthen the competitiveness of British industry if they take account of social and environmental concerns in their investment strategies.


&#34Leading companies are already seeing corporate social responsibility as integral to long term success in a global knowledge based economy.&#34

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