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The 2nd Annual BWD DE&I Index Report is Now Live

Posted on
July 26, 2024

We're delighted to share with you the results of our second annual survey of professional pension trustees – The BWD DE&I Index 2024.

This year, we extended our survey beyond trustees at the 10 biggest professional trustee firms (“the Big 10”) to include all accredited trustees - including those who operate on their own (“Sole Traders”) – and compared our findings between these groups and against The Pension Regulator ("TPR")’s own workforce.

Key findings:

  • 49 is the average age of trustees at the Big 10 (compared to 64 for Sole Traders).
  • 10% of trustees at the Big 10 are not of white origin (compared to 18% for the national population).
  • 51% of trustees at the Big 10 are female in 2024 (up from 38% last year).
  • 'Governance' has overtaken 'Actuarial' as the most common background of professional trustees.

Click below to see more of our findings and to take part in our Professional Trustee Diversity Pay Gap survey.

VIEW FULL REPORT


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For over a decade, the BWD Census has provided a trusted, independent view of adviser remuneration. Our independent survey gathered data from 300 Financial Advisers and Financial Planners across the UK, all completed via an online, confidential questionnaire.

This year’s edition focuses exclusively on the financial planning market, exploring how earnings vary by experience, firm type, and location, how packages and bonus structures are evolving, and the wider factors influencing pay across the profession.


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