Originally published: September 13, 2017
Publisher: ProfessionalPensions.com
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.
At the trade body's seminar - Diverse Trustee Boards: Time for a Change, held today - experts spoke about the benefits of a diverse board with an open-minded and challenging culture.
NEST director of marketing Ranila Ravi-Burslem said, given the master trust's membership is very diverse and reflective of the make-up of the UK population, it was crucial for it to have a trustee board that looks similar to the underlying membership.
