LCP calls for more master trust diversity

Master trust boards have good gender splits but less diversity across age and ethnicity

Jasmine Urquhart
clock • 2 min read
LCP finds diversity across gender but less of a balance across age and ethnicity
Image:

LCP finds diversity across gender but less of a balance across age and ethnicity

There is “work to do” across master trust boards to make them more diverse, Lane Clark & Peacock (LCP) says.

Looking at data from the top master trust boards, responsible for managing around £130bn in assets across around £25m accounts, LCP found a good balance in terms of gender diversity, with 46% recor...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: Tech boss attacks British pension funds as his company is sold to Japan

News Digest: Tech boss attacks British pension funds as his company is sold to Japan

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 15 July 2024 • 1 min read
LGPS contribution cut could save councils £3bn per year

LGPS contribution cut could save councils £3bn per year

LCP has called for a review of contributions to help protect councils’ financial positions

Holly Roach
clock 12 July 2024 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

DWP appointments, Brookfield enters bulk annuity market, TPR evolves master trust supervision

Professional Pensions
clock 12 July 2024 • 1 min read
Trustpilot