IA highlights gender pay gap industry initiatives

Official reporting postponed due to Covid-19

Tackling the gender pay gap is still a high priority for the industry despite reporting requirements being postponed due to the Covid-19 pandemic, the Investment Association (IA) said.

The comments coincide with the IA's publication of its Addressing the Gender Pay Gap: Industry Initiatives report which details steps companies are taking to tackle the ongoing problem with salaries between the sexes. The report outlines three areas - attraction and recruitment, retention and advancement and measuring and monitoring - where firms can do more to address the gender pay gap. It also offers practical industry solutions for organisations to consider. Asset managers significantly cut gender pay gap, analysis finds IA chief executive Chris Cummings said: "During these ...