Investment management and stockbroking firm, Redmayne Bentley was awarded Highly Commended’ for the ‘Best Approach to Wellbeing’ award in the inaugural Diversity & Inclusion Awards by PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry.
There were close to 100 entries for the awards, from the sector which looks after £1.65 trillion in private savings and investments and employs over 63,000 people. The awards were judged by a group of industry peers, alongside experts in diversity and inclusion.
Liz Field, Chief Executive of PIMFA, commented: “I’m absolutely delighted both by the quality and the number of entries we have had to our first Diversity & Inclusion Awards and wish to congratulate all those firms that have been shortlisted and thank all those that submitted an entry this year.
“That so many firms and individuals have taken the time to demonstrate the work they are doing to improve Diversity & Inclusion across our industry is proof that this is an issue that is being taken seriously by all of us, large and small. There are some truly great D&I initiatives out there, so it was not easy for our judges to select those organisations and people for each shortlist.
“PIMFA’s Diversity & Inclusion Awards will aim to continue to celebrate those people, and those organisations, that are working hard to ensure our industry better represents the wider society it aims to serve, and we will share the approaches so that we can all learn a little and adapt for our own organisations.”
The high commendation for the ‘Best Approach to Wellbeing’ award was in recognition of Redmayne Bentley’s &You wellbeing framework, an initiative created and developed to support one of the firm’s key strategic themes around developing its people.
The framework considers physical and mental health and wellbeing, individual finances, the working environment, and the communities in which the firm’s individuals are present. It offers support, advice, guidance, ideas, initiatives, activities, challenges, research and provides access to mental health first-aiders, who work in the firm and are on hand to support colleagues.
Liz Dean, Director of Human Resources at the firm said: “I’m both delighted and proud of what has been achieved. We started working on this initiative last year and launched it across the firm earlier in 2021.
“From inception through to implementation it has been whole-heartedly supported by all Board members at Redmayne Bentley.
“The vast majority of colleagues across the firm have helped shaped the framework through the feedback they gave. A dedicated team has created and developed the &You wellbeing framework – which is in place for all individuals at the firm.
“While we’ll always be committed to looking after our clients’ investments, it’s very important that we take responsibility for supporting all our colleagues too. It’s a win-win all round.”