Pensions trade body plots gender and age diversity push

Nick Reeve from Investment & Pensions Europe comments on the state of the market regarding UK pension trusteeship, including diversity.

The UK’s pension fund trade body is to publish a collection of essays next month as the first stage of a wider effort to improve diversity in the industry. The Pensions and Lifetime Savings Association (PLSA) also plans to publish a guide for pension funds and host a “women in leadership” course in the coming months. Separate research published today by Aon Hewitt and Leeds University Business School showed that the average age of trustees was 54, and the majority are aged between 50 and 70 years old. Of 197 trustees surveyed, 81% were male... Read full article here.