diversity
Industry-wide universities programme needed to boost diversity and trust
The industry needs to come together to develop a financial education programme for university students to encourage more to enter the industry, thereby also building trust, Gina Miller has said.
More work needed to get women in senior pensions positions
In this week's Pensions Buzz, most respondents said despite progress in recent years, there is still a long way to go
How we can bridge the gender gap in pensions
On International Women's Day, Kim Kaveh says evidence shows the gender gap in pension savings is still far too big, and looks at ways to close it
Women still falling behind men in saving for retirement despite AE
Women still fall well behind men when it comes to saving for retirement despite auto-enrolment (AE) increasing contributions year on year, Pension Monster data shows.
Exclusive: Now Pensions opt-outs higher among women across all age groups
Average opt-out rates for 22- to 29-year old female members were 5% in December compared to 3% for men - a trend that accelerates across older groups, according to Now Pensions analysis conducted exclusively for PP.
BlackRock, JPMAM and Standard Life sign up for new 30% Club diversity push
Asset managers including JPMorgan Asset Management (JPMAM), BlackRock and Standard Life have backed an initiative set up by the 30% Club to push for a third of FTSE companies to have women on their boards.
Women in Pensions Awards 2018: Nominations Open
Professional Pensions has launched the inaugural Women in Pensions Awards to celebrate the achievements of women working in pensions or acting as a trustee. Find out how to nominate here…
Gender gap: Women end up with half the pension of men by age 50
Women accumulate on average £56,000 in their pension funds by age 50 compared to £112,000 saved by men, research by Aegon has found.
Why schemes should avoid gender bias in communications
Methods should be the same for both men and women as, contrary to popular belief, research shows there are few disparities between how they respond, writes Kim Kaveh.
Women accrue average pension less than half that of men, research finds
The average workplace pension pot for women is just £53,000, far below the £120,000 average for men, according to a study which highlights the clear gender gap in pensions.
How Europe leads the way on ESG investing
Stark differences in approach to ESG issues between Europe and North America show significant cultural markers, James Phillips writes.
Diversity is moving up the agenda of asset owners, finds research
Nearly three-quarters (74%) of asset owners include diversity in their annual report, according to New Financial.
Have your say: Was it right to introduce the pension freedoms?
This week we want to know if it was right to introduce Freedom and Choice and how likely it is tax relief will be cut in the November Budget.
Just 23% of investment managers are female, Diversity Project finds
Over three-quarters of investment managers are male, while over four in ten are white British, according to research by the Diversity Project.
Diversity means varied life experiences and challenging culture
Pension trustee boards should comprise of individuals with a range of different life experiences and viewpoints as this will lead to better decision-making, speakers at the Pensions and Lifetime Savings Association's diversity seminar say.
New scheme will help more women return to the investment industry
Women returning to the investment industry after a career break will be able to take advantage of a UCAS-style clearing system.
Have your say: Can mentorship increase diversity on boards?
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.
PB UK: Build diversity on trustee boards from the grassroots
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.
Female mentoring scheme for actuarial profession to launch this year
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).
Industry welcomes PPF levy for sponsorless DB schemes
Imposing a higher levy on schemes without a substantive sponsor would be fairer and act as a deterrent, according to Pensions Buzz respondents.
Diversity is about delivering results not political correctness
Improving diversity is about delivering improved results rather than being nice to people or being politically correct according to Helena Morrissey.
PLSA launches trustee diversity campaign
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".
DB trustees have high financial literacy but lean towards groupthink
Almost all defined benefit (DB) trustees show excellent understanding of financial concepts, but most boards lack diversity.
The personnel problem: Good trustees are hard to find
Recruiting high quality trustees is a major challenge for schemes. Emma Cusworth looks at how this can be managed.
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