PFS CEO on a Formula racing-like representation problem

Does financial planning need its own F1 Academy?

Jen Frost
clock • 2 min read

Personal Finance Society (PFS) interim CEO Don Macintyre has likened financial planning’s female representation problem to issues faced by Formula racing, and the motorsport could yet pull ahead given recent efforts to diversify.

"Financial planning is only six percentage points ahead of Formula racing when it comes to female representation," MacIntyre said. "While the famously male-dominated motorsport now has the F1 Academy to propel female drivers and reports 40% of its audience to be women, there has been little conversation about how our profession can attract female talent and position them to excel." Just 16% of financial planners are women. However, PFS data suggests that women "excel in the profession", the body stated in a press release shared today (5 September). Just under one in four (23%) Charter...

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