We recently published our report with the Diversity Project (a cross-company initiative chaired by Dame Helena Morrissey, championing a more inclusive culture within the Saving and Investment profession), which looks at the issues of equality in the investment industry.
This report illustrates the current UK gender pay gap in the industry and looks deeper into the long-term industry issues around diversity and inclusion.
Gender pay reporting has brought the lack of diversity within the investment management industry into sharp focus and added weight to the voices calling for faster change. Yet there is little evidence of progress. Of the five sectors reporting the biggest gender pay gaps in 2018, only investment management failed to record an overall improvement. This raises questions about whether the industry is really taking the issue seriously.