Third PIMFA Diversity & Inclusion Awards Opens for entries

12 April 2023

Third PIMFA Diversity & Inclusion Awards Opens for entries

PIMFA, the trade association for the wealth management, investment services and financial advice sector, is delighted to announce its third annual Diversity & Inclusion Awards opens to entries today (12 April 2023).

PIMFA’s Diversity & Inclusion Awards seek to celebrate the many instances of good practice and innovation, which remain hidden or unrecognised with the profession. It also seeks to highlight new initiatives and provide inspiration to drive positive change and help build a more inclusive industry which better reflects its increasingly diverse customer base.

The awards, which have been warmly received in the past with hundreds of entries over the previous two years, form part of PIMFA’s commitment to promoting Talent, Inclusion, Diversity and Equity (TIDE) in all its forms within the wealth management and financial advice industry.

Following the success of the Diversity & Inclusions Awards PIMFA launched the ‘make it.’ campaign designed to encourage more people from all walks of life into the industry, with further initiatives to come. 

As in previous years, the awards are free to enter and open to all firms and stakeholders in the sector – you do not have to be a PIMFA member to enter. The closing date for entries this year is 21 June 2023 – full information and entries can be submitted at https://pimfadiawards.awardstage.com/#!/home-odq50io7k4i9asoafuc.

This year’s event, held in partnership with Morningstar, SEI Investment Europe, Raymond James and FIS, will celebrate the great work being undertaken by the industry with a gala awards ceremony and dinner at the Intercontinental Hotel, Park Lane, central London on 12 October 2023.

The PIMFA Diversity & Inclusion Awards include the following awards categories:

• (Firm) Inclusive Talent Management
• (Firm) Best D&I Initiative (1- 50 employees)
• (Firm) Best D&I Initiative (51- 350 employees)
• (Firm) Best D&I Initiative (351+ employees)
•  Best Industry Partner Award
• (Individual) Rising Talent
• Best Approach to Wellbeing Award
• (Individual) The Overall D&I Champion
• (Non-Executive) The Overall D&I Champion Award
• The D&I Executive Sponsor Award
• Best Organisation Outreach Initiative Award

Award entries will, as in previous years, be judged by a group of industry peers alongside experts in diversity and inclusion from charities and stakeholders that PIMFA partner with. This includes Richard Wilson, Chief Executive of Interactive Investor; Peter Moores, Chief Executive of Raymond James; Fabio Peyer, Director of Indexes Marketing at Morningstar, Charlie Fisher, Senior Human Resources Manager at LGT Wealth Management, Matt Cameron, Global Managing Director at LGBT Great, Bukola Adisa, Founder of Career Masterclass and Bev Shah, CEO & Founder, City Hive among others.

Liz Field, Chief Executive of PIMFA, commented: “We are delighted to open our third Diversity & Inclusion Awards to entries. The response we receive each year from the industry shows how seriously firms take this issue and, as always, the awards give us a great insight into the work being done by firms to better reflect the society we serve.

“Since last year’s Diversity & Inclusion Awards PIMFA has itself launched the ‘make.it’ campaign to encourage more people into the industry from all walks of life and we will be continuing to launch further campaigns as part of our commitment to Talent, Inclusion, Diversity and Equity in our industry. 

“As in previous years I want to encourage firms of all sizes, as well as individuals, to examine what they are already doing to bring about change and enter the awards so that we can shine a light on the great work that is taking place out there.”

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Notes for Editors

About PIMFA – the Personal Investment Management & Financial Advice Association

• Firms can submit their entries to the D&I Awards here
• Find out more about PIMFA’s other D&I work here
• PIMFA is the trade association for firms that provide wealth management, investment services and the investment and financial advice to everyone from individuals and families to charities, pension funds, trusts and companies.
• The sector currently looks after £1.65 trillion in private savings and investments and employs over 63,000 people.
• PIMFA represents both full and associate member firms. Full members provide a range of financial solutions including financial advice, portfolio management, as well as investment and execution services. They assist everyone from individuals and families to charities and pension funds, all the way to trusts and companies.  Associate members provide professional services to the PIMFA community.
• PIMFA leads the debate on policy and regulatory recommendations to ensure that the UK remains a global centre of excellence in the wealth management, investment advice and financial planning arena. Our mission is to create an optimal operating environment so that its member firms can focus on delivering the best service to clients, providing responsible stewardship for their long-term savings and investments. 
• PIMFA has made numerous recommendations to the FCA regarding the Future of Advice, Future of Supervision and the FSCS levy – read more.
• PIMFA was created in 2017 as the outcome of a merger between the Association of Professional Financial Advisers (APFA) and the Wealth Management Association (WMA) with a history as a trade association since 1991 – read more.
• Further information can be found at co.uk

Contact

For further information on this release or other press matters please contact:

Matthew West, PIMFA PR Manager – MatthewW@pimfa.co.uk, +44 (0)20 7382 0376

Sheena Gillett, PIMFA Communications & PR Director – sheenag@pimfa.co.uk, +44 (0)20 7011 9869 / +44 (0)7979 493225