View from the PLSA
Caroline Escott, from the Pensions and Life Savings Association (PLSA) comments on the association's view on pension board diversity and how it is supporting change.
In the world of corporate governance it’s a well-established fact that company boards which reflect a wider range of voices are less prone to group think; and there’s compelling evidence that companies which have this diversity of thinking are more successful.
Pension scheme investors have long made it clear that they expect to see more diverse boards and management teams running the companies they invest in, to protect and grow the value of savers’ money. If cognitive diversity makes sense for companies, then it also makes sense for pension schemes... Read the full article here.