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Performance Evaluation Questionnaire Template for the Directors of Investment Trusts Prepared by Trust Associates Limited in accordance with the Performance Evaluation Guidance laid out in the Higgs Suggestions for Good Practice in the Combined Code, as updated in July 2003. Trust Associates Limited 2004 Trust Associates Limited 2004 2 introduction The Combined Code, as updated in July 2003 to incorporate the recommendations of the Higgs Report, provides that the board of a company should ..undertake a formal and rigorous annual Evaluation of its own Performance and that of its committees and individual directors . This study is designed to assist the Chairman and Directors of investment trusts in complying with this provision. The relevant section of the Code further states: It is the responsibility of the Chairman to select an effective process and to act on its outcome.
Trust Associates Limited 2004 2 Introduction The Combined Code, as updated in July 2003 to incorporate the recommendations of the Higgs Report, provides that the board of a company should “…undertake a formal and rigorous annual evaluation of its own performance and that of its
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