Out-of-touch management a key cause of staff mental ill health - CISI

High workloads another factor

Sophie King
clock • 2 min read

Out-of-touch senior management and high workloads have been identified as key causes of mental ill health in financial services, the Chartered Institute of Securities & Investments (CISI) has found.

According to the professional body, fewer than half (46%) of those working in financial services would feel confident about speaking to their manager about mental ill health. More than 3,500 people took part in the CISI's survey, with a quarter (23%) saying they were "unsure" about talking to their manager about mental health struggles, and one-third (31%) saying they were not confident about doing so. A number of participants also left written feedback that indicated a lack of trust in human resources managers and that long working hours might also have contributed to poor mental hea...

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 profession

Providers yet to have 'cracked' retirement products

Providers yet to have 'cracked' retirement products

Retirement advice becoming more important with ageing demographic

Isabel Baxter
clock 23 January 2025 • 3 min read
Trial of ex-Titan Wealth employee delayed

Trial of ex-Titan Wealth employee delayed

Complainants to testify behind screens amid ongoing legal preparations

Sahar Nazir
clock 22 January 2025 • 1 min read
PFS publishes economic abuse and life insurance guide for advisers

PFS publishes economic abuse and life insurance guide for advisers

For advisers looking to refresh their knowledge

Isabel Baxter
clock 22 January 2025 • 2 min read