Ignoring diversity will impact your bottom line, advisers warned

Financial services still has work to do on equality and inclusion

Hope Coumbe
clock • 2 min read

Businesses that prioritise diversity and inclusion will be able to attract and train talent and improve their bottom line significantly more than those that do not, advisers have been told.

Speaking at the Institute or Financial Wellbeing's Invest in Wellbeing conference today (21 May), Inclusion 365 founder Victoria Dale said the financial services industry still has work to do on equality and inclusion in particular. "There is a lot that is beneath the surface," she said. "Diversity is complex – there is education, hidden disability and all sorts of factors." She continued: "Diversity is about all of us in the room; diversity is having a seat at the table. A more diverse workplace is good for a business." Dale noted more and more jobseekers were wanting to know what...

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 Adviser tips

Interactive video: Navigating today's complex financial landscape as an adviser?

Interactive video: Navigating today's complex financial landscape as an adviser?

Advisers today operate in a competitive landscape, grappling with intricate client demands, increasing regulatory oversight, and volatile markets.

Sarka Halas
clock 04 April 2025 • 1 min read
Interactive video: Why financial wellbeing is at the heart of financial planning

Interactive video: Why financial wellbeing is at the heart of financial planning

Sound investment advice is a significant part of an advisor's role to help navigate markets and prepare clients for major life changes, but wellbeing should be a key consideration.

Sarka Halas
clock 02 April 2025 • 1 min read
Interactive video: Building and nurturing strong client relationship

Interactive video: Building and nurturing strong client relationship

Personalised advice is so pivotal in building trust. But how does this work in practice?

Sarka Halas
clock 31 March 2025 • 1 min read