Member Area
Member Area
Company and Fund Area
Home
Official Documents
Documents

Official Documents

Statute and Information Notice
Engagement Policy
Documents and Calculation Tools
Regulations, Rules and Financial Statements
Sustainability Information
Privacy Policies

The Statute and the Information Notice

The Statute

Fondapi’s activity is governed by the Statute. This document, drafted based on a framework adopted by COVIP, defines the identifying elements of the pension fund, the scope of beneficiaries, contributions and benefits, organizational profiles, and relationships with members.

The Information Notice

The Information Notice is an official document that each pension fund produces and which contains all the necessary information to understand the characteristics of the fund itself.

Warning!

Statute

Governance System

Information Notice - Full Version

Information Notice - Individual Sheets

The engagement policy

This engagement policy has been drafted in compliance with Legislative Decree No. 49 of May 10, 2019, implementing Directive (EU) 2017/828 (the so-called Shareholder Rights Directive II).
The main objective of the regulation is to promote within the target entities:

  • greater responsibility regarding strategic, financial, and social, environmental and good governance aspects;
  • collaboration and constant dialogue with investee companies;
  • complete transparency towards the public.

These principles of responsibility and transparency have always characterized FONDAPI’s investment activity and are essential in achieving the medium-long term objectives that constitute the fund’s mission.

Documentation

Warning

Please note that the amounts shown in the table “how much you could receive when you retire” on page 4 of the “presentation sheet” in the information notice are estimates and are ONLY indicative of what you will actually receive.
In the capitalization system that characterizes the pension fund, pension amounts will depend on the returns earned and costs incurred. Returns are subject to wide fluctuations; therefore, they need to be evaluated with a long-term perspective.

Past returns are NOT indicative of future returns: if a fund has achieved very positive results over a certain time period, there is no certainty that it will continue to be equally profitable in the coming years (and vice versa).

Costs, which tend to be stable over time, have a significant impact on the final benefit amount: over a participation period of 35 years, a 1 percent lower annual cost translates into a final benefit that is 18-20 percent higher.

Warning

Please note that the amounts shown in the table “how much you could receive when you retire” on page 4 of the “presentation sheet” in the information notice are estimates and are ONLY indicative of what you will actually receive.
In the capitalization system that characterizes the pension fund, pension amounts will depend on the returns earned and costs incurred. Returns are subject to wide fluctuations; therefore, they need to be evaluated with a long-term perspective.

Past returns are NOT indicative of future returns: if a fund has achieved very positive results over a certain time period, there is no certainty that it will continue to be equally profitable in the coming years (and vice versa).

Costs, which tend to be stable over time, have a significant impact on the final benefit amount: over a participation period of 35 years, a 1 percent lower annual cost translates into a final benefit that is 18-20 percent higher.