What your small firm can do to recruit and retain talented women

A look into the ways that you could improve inclusion in your workplace

clock • 4 min read

Communicating sustainable investment principles to job seekers is vital to help wealth managers to attract younger women into the industry, Charlotte Moore writes…

The financial service industry is still struggling to recruit and retain females. According to a 2021 Morningstar report, there are 68 UK funds run by men called ‘David' yet only 45 funds are run by women. This is despite women becoming richer. By 2025, Barclays estimates women will own 60% of Britain's wealth. But this will be unevenly spread with 1.2 million women in their 50s having no pensions savings. And two out three women feel they lack sufficient financial knowledge to be able to invest. According to BNY Mellon, nearly three-quarters (73%) believe the investment industry w...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

All the advice firm acquisitions that have taken place in 2024

All the advice firm acquisitions that have taken place in 2024

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 11 July 2024 • 1 min read
PA360 North: Leading adviser event returns to Warrington in October

PA360 North: Leading adviser event returns to Warrington in October

Join us at The Park Royal Hotel & Spa on 1 October

Professional Adviser
clock 05 July 2024 • 1 min read
Extra Mile: Why networks must help advisory firms grow

Extra Mile: Why networks must help advisory firms grow

Networks should adopt a personal and holistic approach

Ahmed Bawa
clock 03 July 2024 • 4 min read