Women in Finance Charter

PIMFA has been a proud signatory of HM Treasury’s Women in Finance Charter since November 2017.

We are on track to meet our Charter target by our deadline.

The CEO is responsible and accountable for diversity and inclusion in the organisation and reports progress to the PIMFA Board on a regular basis with effect from June 2018 (June is the start of PIMFA’s financial year).

PIMFA Targets

  • Aim to maintain 40% women in senior management roles by 2024
  • Aim to have 30% female representation on our Board, committees, working groups and initiatives by 2024, working with our membership to identify relevant individuals.
  • Aim to have 30% female representation speaking at our conferences, depending on the subject.
  • Ensure that referrals for all roles will include men and women
  • Ensure the recruitment processes and messages appeal to both men and women
  • Ensure that shortlists include men and women, as appropriate, for senior, middle management and junior roles
  • Ensure post-covid working arrangements do not penalise women and that a flexible working and inclusive culture is maintained for all
  • Maintain equal pay for similar roles
  • Seek to provide public opportunities for staff to demonstrate their skills and knowledge, regardless of sex
  • Act as an advocate for diversity and inclusion with our member firms
  • Review these statements for currency and relevance on an annual basis and redraft if appropriate

Explaining PIMFA’s Targets

PIMFA is an Association that represents the needs of its members to Regulators, Government and key stakeholders and serves to further the interests of its member firms. It is a small organisation and its key specialisms include advocate, policy work and representation. This is itself a specialised field, exacerbated by the fact that it is within the wealth management and financial advice sector, which is under-represented in terms of sex.