Fewer than ten investment firms have disclosed gender pay gap as deadline looms

4 April deadline

Fewer than ten investment management firms have disclosed their gender pay gap, according to a new report, as PwC urges firms to work harder to promote their diversity efforts.

Firms with more than 250 employees are required to disclose their gender pay gap details by 4 April under new government regulation. In a new report titled Understanding diversity and inclusion in the investment management industry, PwC noted there was a 'disconnect' between the actions taken by firms to address diversity and the message they were communicating with the market.  FTSE Russell launches gender diversity indices This was leaving firms at risk of 'reputational damage' by not promoting or publicising the work they were doing.  "There may be a temptation to keep the di...