Pensions Aspects Magazine
![What a good Master Trust will look like in five to ten years’ time](https://www.pensions-pmi.org.uk/media/8d8c2bd30b7f149/page30_feb2021.png?anchor=center&mode=crop&width=860&height=860&rnd=132562233096930000)
What a good Master Trust will look like in five to ten years’ time
Governance of Master Trusts by 2025
Read more![Pensions Aspects February 2021](https://www.pensions-pmi.org.uk/media/8d8c2bd29f00b37/cover_feb2021.jpg?anchor=center&mode=crop&width=820&height=820&rnd=132562232984600000)
Pensions Aspects February 2021
Embrace diversity. Read the latest issue on empowering the individual.
Read more![De-risking with greater certainty](https://www.pensions-pmi.org.uk/media/8d8c2bd3391934b/page12_feb2021.png?anchor=center&mode=crop&width=820&height=820&rnd=132562233143170000)
De-risking with greater certainty
Pension schemes are maturing and the regulator is proposing a new framework for investment, putting pressure on trustees to outline plans to achieve their long-term objectives. An integrated approach to investment, considering the objective in terms of cashflows, may help trustees to reach their goals with greater certainty.
Read more![A woman’s place: boosting female labour- force participation to lift long-term economic growth](https://www.pensions-pmi.org.uk/media/8d8c2bd34458fd4/page14_feb2021.png?anchor=center&mode=crop&width=820&height=820&rnd=132562233167500000)
A woman’s place: boosting female labour- force participation to lift long-term economic growth
The diversity and inclusion debate usually centres on the importance of social justice in the workplace and society. But there’s a powerful efficiency argument too. Increasing diversity and inclusivity in the workforce can lift incomes and growth. As well as boosting utilisation rates, it can improve productivity by making better use of human capital. In a world of ageing populations and sluggish labour productivity growth, corporate and government policy that promotes greater diversity and inclusion could provide a much-needed shot in the arm for the global economy.
Read more![The importance of diversity and inclusion at Aviva](https://www.pensions-pmi.org.uk/media/8d8c2bd35fd30f9/page17_feb2021.png?anchor=center&mode=crop&width=820&height=820&rnd=132562233185570000)
The importance of diversity and inclusion at Aviva
This year we changed our company statement to “with you today, for a better tomorrow” to reflect how, as a business, we would like to support our customers and treat the communities that we serve equally.
We provide workplace pensions to over 4 million customers, and peace of mind through insurance and investments to millions more. Our customers are representative of the whole of UK society. To ensure that we truly understand what our customers need from us, we recognise that our business and workforce must be diverse. We don’t just need to understand our customers, we need to be our customers.
Read more![Diversity and inclusion: the pensions challenge](https://www.pensions-pmi.org.uk/media/8d8c2bd374c4989/page19_feb2021.png?anchor=center&mode=crop&width=860&height=860&rnd=132562233207770000)
Diversity and inclusion: the pensions challenge
With auto-enrolment now well established, membership of the occupational pension schemes and Master Trusts that we work with will be more diverse than ever. The challenge for the pensions industry is to consider how to reflect that in our approach, both on trustee boards and as advisers.
Each will have its own hurdles to overcome when it comes to improving diversity and inclusion, but with inaction no longer feeling acceptable from a cultural, moral or legal perspective, what can the industry do to ensure it is representative of its savers?
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