Nearly 70 companies - including several SIPP providers - have signed up to the Treasury’s Women in Finance Charter including St James's Place, JP Morgan, Investec Asset Management and Yorkshire Building Society.
The 67 additions take the total number of signatories to 272 and means that the Charter now covers over 760,000 financial services employees in the UK.
Financial Planning firms who have signed up include: Brooks Macdonald, Ellis Davies Financial Planning, Evolution Financial Planning, First Wealth, Magenta Financial Planning, Sussex IFA and several others.
John Glen, economic secretary to the Treasury said: “From banking to asset management, too few women get to the top in financial services.
“That’s why it’s so important that firms sign our Charter and commit publicly to take action. It’s not just the morally right thing to do; a balanced workforce is good for business, for customers, and for profitability too.
“I commend our new signatories for taking a step in the right direction, but of course there is more to do. I urge firms who’ve not already signed our Charter to join us in building a more representative and inclusive industry.”
As recommended in Jayne-Anne Gadhia’s review into the representation of women in financial services, the Women in Finance Charter asks firms to commit to four industry actions to prepare female talent for leadership positions:
having one member of our senior executive team who is responsible and accountable for gender diversity and inclusion
setting internal targets for gender diversity in our senior management
publishing progress annually against these targets in reports on our website
having an intention to ensure the pay of the senior executive team is linked to delivery against these internal targets on gender diversity
The 67 new firms that signed the Charter between 1 March 2018 and 30 June 2018 are:
Admiral Group
AE3 Media
Armstrong Wolfe
Australia and New Zealand Banking Group Limited
Barrington Hibbert Associates
BNP Paribas Personal Finance
BondMason
Bovill Ltd
Brooks Macdonald plc
Canada Life
Coventry Building Society
Daiwa Capital Markets Europe Ltd
EIS Association
Ellis Davies Financial Planning Ltd
Engage Financial Services Ltd
Equifax Ltd
Evolution Financial Planning
Fintech Strategic Advisors Ltd
Fintellect Recruitment
First Wealth LLP
Flood Re Ltd
Foresight
Franklin Templeton Investments
GAM
Global Processing Services
Goji Investments
Grant Thornton
Hinckley and Rugby Building Society
HUBX
ICAEW
Intermediate Capital Group
Investec Asset Management Limited
JP Morgan
Kames Capital plc
Lazard & Co Limited
Lazard Asset Management Limited
LifeSearch
Magenta Financial Planning
Marsh Ltd
Medianett Ltd
Mortgages for Business Ltd
MT Finance Ltd
Mustard Seed Impact Ltd
National Association of Commercial Finance Brokers
Nomura International
PIMCO
Prytania Solutions Limited
Pukka Insure Ltd
Rathbone Brothers plc
Scottish Equity Partners
SDB Bookkeeping Services
Semper Capital Management
Shepherd Compello Ltd
St. James’s Place plc
Stonehaven International
Sussex Independent Financial Advisers Ltd
Tesco Underwriting
The British United Provident Association (BUPA)
The Meyer Partnership
The Mortgage & Insurance Bureau
TPI CAP
UK Government Investments
UniCredit Group
Vanguard Asset Services Limited
Whyfield
Yorkshire Building Society Group
Zopa Limited
Nearly 70 more providers sign up to equality charter
