“We need to better represent the society we work in and clients we seek to serve; we need to have role models to help open the industry to diverse voices; and we need to do our part to make financial advice and a financial career more accessible, where everyone is safe and set up for success.”
Meanwhile, Quilter recently announced its commitment to the Halo Code for its recruitment and workplaces practices.
The Halo Code is a campaign pledge, signed by businesses and schools, that promises members of the Black community that they have the freedom and security to wear all afro-hairstyles without restriction or judgment.
In celebration of its adoption of the Halo Code, Quilter invited colleagues to share photos of themselves to further raise awareness and support of the Code throughout the business.
The firm is also supporting Black Pound Day by encouraging employees to shop with locally run black-owned businesses.
Tosin James-Odukoya, head of inclusion and wellbeing at Quilter, said: “The Halo Code is arguably best known for helping put a stop to hair discrimination in schools, but studies have shown it is equally relevant to the workplace where people tend to bias towards western ideals of ‘neat’ or professional looking hair.
“Signing the code commits us to proactively taking a stand to ensure that nobody at Quilter faces barriers or judgments because of the natural texture of their hair. It’s also a further step to ensure all our colleagues feel they can bring their ‘whole selves’ into work and feel included.”
Likewise, consolidator Succession is running various initiatives to raise awareness and encourage colleagues to share their views about what Black History Month means to them.
Helen Blackmore, group HR director at Succession, said: “At Succession, we bear a responsibility to lead on best practice on issues of diversity and inclusion, ensuring everyone feels their voice is heard within the business and importantly can bring their whole selves to work.
“In recognition of Black History Month, our D&I steering group have focussed on a number of areas. Firstly, in looking at the achievements and contributions of black British people in the UK, both past and present. We believe a diverse workforce can have a significantly positive impact on our success as a business, and it’s important to recognise, share and celebrate this with our colleagues.”