The Equality Diversity and Inclusion (ED&I) action plan comes amid worrying new figures showing trustees are not prioritising this key area.

The action plan sets out steps TPR, in partnership with the diversity and inclusion industry working group (IWG) will take to encourage and support trustees to recruit diverse candidates and create a culture of inclusion.

As part of the plan TPR will set trustees clear expectations on diversity along with providing practical tools and information on recruiting diverse candidates, creating and maintaining an inclusive culture, engaging with employers on diversity and ensuring communications to scheme savers are inclusive.