At the Pensions Equity Group (PEG), our purpose is clear. We exist to shine a light on structural inequity within pensions and the wider financial system, and to drive practical, collaborative change that improves outcomes for everyone.  

That’s why we’re proud to support the Pensions Management Institute’s Trustee Accelerator Programme (TAP), and it’s why we’re encouraging more people to take part.   

We’re delighted to back TAP because it plays a critical role in building a more diverse, highly skilled pipeline of future trustees. Strong governance sits at the heart of good pension outcomes, and governance is strongest when trustee boards bring a breadth of perspectives, experiences, and lived realities to the table.  

If boards are to make better decisions for members, they need to better reflect the members they serve. 

Why diversity matters for governance and outcomes

Diversity of thought, experience and lived perspective leads to better decision-making. Programmes like TAP help ensure trustee boards better reflect the members they serve and research has shown that diversity throughout the value chain has a positive impact and drives better outcomes for employees, members and commercially. 

TAP directly addresses this challenge by opening up trusteeship to people who may not previously have seen it as accessible, or been supported to step into these roles. By doing so, it helps lay the foundations for trustee boards that are more representative, resilient, and effective. 

The power of collaboration across the industry

PEG has been involved in TAP as it has evolved, and one of the most powerful aspects of the programme is the spirit of cross‑industry collaboration that underpins it. Through PEG, we have seen firsthand what is possible when organisations put commercial priorities aside to share insight, resources, and experience in pursuit of a common goal. 

TAP is a strong example of this approach in action, bringing together employers, schemes, advisers, and professional bodies to tackle systemic challenges that no single organisation can solve alone. 

How PEG is contributing through mentoring

As part of our support for TAP, PEG members are contributing as mentors. We will bring real-world insight, practical case studies, and open discussion on key equity issues facing the pensions system today, including the gender pensions gap and the long-term impact of inequality on retirement outcomes. 

Our aim is to help equip future trustees with the confidence, understanding, and capability to navigate complexity, ask better questions, and make decisions that improve equity across the system. 

By contributing to TAP, we also directly advance PEG’s own mission. Supporting the programme helps us raise awareness, influence change, and continue building momentum towards a more equitable financial future for all. Importantly, it allows us to move from advocacy to tangible action. 

Get involved and help shape the future

TAP will only succeed if people across the industry get involved. There are many ways to do so. The programme is currently seeking more mentors to share expertise and lived experience with participants. You can also contribute as a trainer, and of course you can apply to be a participant and explore whether trusteeship is right for you. Full details are available on the PMI website. 

If you’re passionate  about better governance, stronger decision making, and fairer outcomes for pension savers, this is a programme worth supporting. PEG is proud to be part of it, and we encourage others across the industry to get involved. 

Together, we can help shape trustee boards that are fit for the future, and a pensions system that works better for everyone. 

Read more about TAP.