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ARTICLE · 18 JANUARY 2024

A Quick Guide To Equality, Diversity And Inclusion

Shepherd and Wedderburn
Shepherd and Wedderburn
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Shepherd and Wedderburn

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Guidance from The Pensions Regulator highlights the benefits of equality, diversity and inclusion practices and offers recommendations for implementation.

United KingdomEmployment and HR
Kirsty Headden
Kirsty Headden
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Guidance from The Pensions Regulator highlights the benefits of equality, diversity and inclusion practices and offers recommendations for implementation.

The volume of regulatory requirements, codes, and guidance for pension schemes seems to increase exponentially. As a result, equality, diversity and inclusion (EDI) can feel like just another a tick-box exercise, or even something to be ignored altogether in favour of more traditional pension scheme concerns.

However, the Pensions Regulator (TPR) has placed a renewed focus on improving EDI through its detailed guidance for pension scheme trustees and separate guidance for employers. The guidance, published in March 2023, highlights the benefits of EDI in improving governance and member outcomes, and offers practical solutions for driving change. Trustees and employers should ignore it at their peril.

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