Pensions Aspects Magazine
![Taking the pulse of pensions: PMI’s fifth survey results](https://www.pensions-pmi.org.uk/media/za2ejwes/capture.png?anchor=center&mode=crop&width=860&height=860&rnd=132566690197970000)
Taking the pulse of pensions: PMI’s fifth survey results
It has now been two years since we ran the first PMI Pulse survey. This initiative, developed by the Policy and Public Affairs Committee, was intended to serve two specific purposes. The first was to assess PMI members’ confidence in the general direction of UK pensions policy and the performance of The Pensions Regulator (TPR). As a result, the first four questions of any Pulse survey will be the same. The second purpose of Pulse is to seek members’ views on specific topical issues. Pulse surveys are issued every six months and, over time, we are able to track trends in members’ views on policy.
Read more![A possible blind spot?](https://www.pensions-pmi.org.uk/media/8d8c2bd3808af82/page24_feb2021.png?anchor=center&mode=crop&width=820&height=820&rnd=132562233220030000)
A possible blind spot?
Barnett Waddingham’s recent survey of UK private sector pension trustees – ‘Top Pensions Risks - 2020 Vision’ - found that board diversity was ranked as one of the lowest concerns, with almost half of the respondents saying this was a minimal risk. Only 14% rated diversity in the top 3 risks for their scheme.
Read more![Actuarial diversity: do we all play golf?](https://www.pensions-pmi.org.uk/media/8d8c2bd2eadd6fd/page25_feb2021.png?center=0.26681465986467162,0.42334630350194552&mode=crop&width=820&height=820&rnd=132566717411700000)
Actuarial diversity: do we all play golf?
Progress has been made in improving diversity and inclusion within the pensions industry but more still needs to be done. Representation is important; inspiring learning is a must; and apprenticeships can open the door to recruiting a more diverse workforce.
Read more![‘Diversity and inclusion’ – it’s good for your sole (trustee)!](https://www.pensions-pmi.org.uk/media/8d8c2bd2eed8061/page26_feb2021.png?center=0.080044397959401478,0.42334630350194552&mode=crop&width=820&height=820&rnd=132566720084570000)
‘Diversity and inclusion’ – it’s good for your sole (trustee)!
“You never learn anything whilst you are talking” is a relatively well-known phrase; even Rocky Balboa quoted a version of it in the 2015 film ‘Creed’. An equally valid, but far less catchy truism is that you also learn nothing (or very little) if the only people you listen to already share your views.
Read more![DB funding code: risk or not de-risk?](https://www.pensions-pmi.org.uk/media/8d8c2bd2f7b16ce/page27_feb2021.png?anchor=center&mode=crop&width=820&height=820&rnd=132562233075530000)
DB funding code: risk or not de-risk?
One thing that has come through in much of the commentary and responses to The Pensions Regulator’s (TPR’s) Defined Benefit (DB) funding code consultation is support for the idea that maturing schemes should be on a pathway to limiting the risk they are taking when they become very mature.
Read more![The pensions industry must step up support for LGBT+ equality as firms awaken from coronavirus](https://www.pensions-pmi.org.uk/media/8d8c2bd2fd98bb7/page29_feb2021.png?anchor=center&mode=crop&width=860&height=860&rnd=132562233081430000)
The pensions industry must step up support for LGBT+ equality as firms awaken from coronavirus
There can be no doubt that the pensions industry is behind on Lesbian, Gay, Bisexual and Transgender (LGBT+) inclusion in comparison to other sectors. There is no representation in Stonewall’s top 100 workplace index, banter is the number one concern for LGBT+ individuals and many simply choose not to be ‘out’ at work.
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