Articles - First trustee diversity and inclusion survey launched by TPR

 This was usually because it was not felt relevant due to the small size of the trustee board or scheme.

 Fewer than one-in-five schemes (17%) formally obtained and recorded any diversity data in relation to their trustees, a similar figure to 2021 (14%).

 The data was most likely to be recorded was sex and age followed by ethnicity, disability and education. Very few schemes recorded data on religion/belief, gender identity or sexual orientation.

 Louise Davey, TPR’s Director of Regulatory Policy, Analysis and Advice, said: “Diversity and inclusion is important to good governance and decision-making, and therefore in achieving good saver outcomes.

 “This online survey will help us build a picture of trustees’ diversity so we can effectively measure our progress in promoting high standards of diversity and inclusion.”

 Invites are set to go to around 97,000 trustees and public service pension scheme board members. Emails containing a link to the online survey will be sent out later this month.

 Email invitations will be sent out this month. Invitations also went out by post at the end of June. The deadline for responses is 4 August.

 Figures showing the proportion of schemes formally capturing diversity data was published as part of findings from the DC survey published on Tuesday 4 July 2023.