In a recent opinion piece in the FT Adviser, Ben Goss, CEO of Dynamic Planner, argues that improving diversity and inclusion (D&I) in the financial sector will require purposeful effort, not just well-meaning statements of intention. "[T]eams don't become diverse by themselves, and simple goodwill is not enough," he asserts.
Goss references the UK Financial Conduct Authority's (FCA) recent consultation on D&I as an example of such an effort. "As the regulator identifies, diverse teams create better outcomes for consumers, by 'reducing groupthink, unlocking talent and improving understanding of diverse...needs,'" he writes.
This content is available to paid Members of Starling Insights.
If you are a Member of Starling Insights, you can sign in below to access this item.
If you are not a member, please consider joining Starling Insights to support our work and get access to our entire platform. Enjoy hundreds of articles and related content from past editions of the Compendium, special video and print reports, as well as Starling's observations and comments on current issues in culture & conduct risk management.
Join The Discussion