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Marsh McLennan's Mercer completes the acquisition of Cardano

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Our Equality, Diversity and Inclusion Report

16th January 2024

Our new Equality, Diversity and Inclusion (EDI) report, in partnership with mallowstreet, is available to download now. 120 UK pension funds and professional trustee service firms were surveyed to understand how EDI considerations feature in decision-making, the challenges encountered and where improvements can be made.

Key findings:

  • Pension schemes and professional trustees (PT) are tuning into the importance of EDI
  • Good intentions on EDI undermined by deficient data and failure to attract diverse talent
  • Significant surge in seeing out EDI strategies and targets, albeit both remain a minority pursuit

Despite the positive momentum of EDI importance, there remains a substantial and persistent EDI gap that requires attention. Succession plans should look to prioritise EDI, and we need a concerted effort to attract diverse talent across the industry. Incorporating measures such as knowledge transfer, mentorship programmes and career development
pathways can help bring about a more inclusive pension landscape.

Gillie Tomlinson, Head of Trustee Engagement, Cardano

Equality, Diversity and Inclusion (EDI) report 2023

120 UK pension professionals were surveyed throughout August and September to understand how EDI considerations feature in decision-making, the challenges encountered and where improvements can be made. In partnership with mallowstreet, we are pleased to present the findings in this new report.