DIVERSITY, EQUITY & INCLUSION IN PENSIONS

INTRODUCTION

Diversity, Equity and Inclusion (DEI) refers to the frameworks that seek to promote fair treatment and full participation of all people, especially groups which have been historically under-represented or subjected to unfair treatment on the basis of identity or disability. This article will look at how the industry has progressed and where it stands currently in matters ensuring Diversity, Equity and Inclusion in the country. It will also review the various reforms that have been made by the pensions stakeholders to improve Diversity, Equity and Inclusion in the pensions industry.

Diversity

Diversity refers to the availability of a wide range of differences and similarities among people in any group. In pensions, diversity refers to the penetration of pension services and opportunities to different individuals at different places.

Equity

Equity refers to the equal availability of opportunities without discrimination. In this context, equity in pensions will refer to the equal availability of pension services and opportunities to individuals.

Inclusion

Inclusion in pensions refers to creating an environment that appreciates everyone despite their diversity.

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