The Pensions and Lifetime Savings Association (PLSA) has announced Northern Trust Asset Management as the headline partner in the Association’s diversity initiative, Breaking the Mirror Image. The initiative aims to encourage greater diversity on trustee boards and across the pensions industry as a whole.
The Association announced the initiative in March 2017 with the release of a collection of essays, Breaking the mirror image: harnessing talent through diversity for better pensions
. Authors included Lesley Titcomb, Chief Executive, The Pensions Regulator; Jayne-Anne Gadhia CBE, CEO Virgin Money and HMT Women In Finance Champion; Dame Helena Morrissey CBE, Chair Of The Investment Association and The Diversity Project and Helen Dean, CEO, NEST.
Over the next year the Association and Northern Trust Asset Management will work on a programme of events and training. This will include the Diverse Leadership Training Programme
, and a one day diversity conference.
Julian Mund, Acting Chief Executive, Pensions and Lifetime Savings Association, said:
“Following on from the Association’s highly successful Investment Conference 2017, Diverse investments, diverse perspectives - the next step was to find the best possible headline partner. Northern Trust Asset Management is clearly an excellent choice as the commitment the company has put into improving diversity levels on a consistent basis is very impressive. We look forward to working with Northern Trust Asset Management over the next year to improve diversity in the pensions industry.”
Wayne Bowers, CIO and CEO for Northern Trust Asset Management in Europe, Middle East Africa and Asia-Pacific, and chair of the Northern Trust Asset Management Diversity & Inclusion Council said:
“We are delighted to be the headline partner of the PLSA’s diversity initiative. The initiative fits in very well with our ongoing commitment to ensuring diversity across the industry. At Northern Trust Asset Management, we believe that fostering and supporting a globally diverse and inclusive workforce is vital. A diversified workforce is one of the strongest assets an organisation can have; and we look forward to working with the PLSA to help improve diversity in the pensions industry.”
About the PLSA
We’re the Pensions and Lifetime Savings Association; the national association with a ninety year history of helping pension professionals run better pension schemes. Our members include over 1,300 pension schemes with 20 million members and £1 trillion in assets, and over 400 businesses. They make us the voice for pensions and lifetime savings in Westminster, Whitehall and Brussels.
Our purpose is simple: to help everyone to achieve a better income in retirement. We work to get more money into retirement savings, to get more value out of those savings and to build the confidence and understanding of savers.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 22 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at http://www.northerntrust.com/disclosures
About Northern Trust Asset Management
Northern Trust Asset Management is a leading global asset management firm serving institutional and individual investors in 29 countries. Our robust investment capabilities span all markets and asset classes, from passive and risk-factor to fundamental active, multi-asset class and multi-manager strategies, delivered in multiple vehicles. As of March 31, 2017, Northern Trust has $1 trillion in total assets under management. For more information, please visit our website or follow us on Twitter @NTInvest.
Northern Trust Asset Management comprises Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc. and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.