diversity

This week we want to know if mentoring trustees is an effective way to increase diversity on boards and whether GMP equalisation should be scrapped.

The industry should look to encourage diversity and appointment of young trustees through recruitment at the grassroots according to a panel of trustees at Pensions and Benefits UK.

A pioneering female mentoring programme is being rolled out in September to improve diversity at senior levels in the actuarial profession, supported by the Institute and Faculty of Actuaries (IFoA).

Imposing a higher levy on schemes without a substantive sponsor would be fairer and act as a deterrent, according to Pensions Buzz respondents.

Improving diversity is about delivering improved results rather than being nice to people or being politically correct according to Helena Morrissey.

The Pensions and Lifetime Savings Association (PLSA) is embarking on a campaign to improve the diversity of trustee boards in a climate of "division and disharmony".

Almost all defined benefit (DB) trustees show excellent understanding of financial concepts, but most boards lack diversity.

Recruiting high quality trustees is a major challenge for schemes. Emma Cusworth looks at how this can be managed.