PLSA survey finds trustee boards still insufficiently diverse; Most schemes have no plan in place to remedy situation
Mund: The industry recognises it needs to do more to improve diversity but there is still a long way to go
Greater diversity in the industry can improve decision-making and help with attracting and retaining talent but few schemes have diversity and inclusion plans in place, Pensions and Lifetime Savings Association (PLSA) research reveals.
In a survey conducted among 57 trustees and trustee representatives between 18 November and 4 December, the trade association found the vast majority (84%) of respondents agreed with the assertion, with most believing it will also best represent members' interests.