The Treasury has reported today that 11 new firms have signed up today to its Women in Finance Charter designed to improve the representation of women in senior roles in financial services.

The new firms include Canaccord Genuity Asset Management, Chetwood Wealtth Management, Furness Building Society, OCM Wealth Management and XPS Pensions Group.

The full list of the 11 new signatories is:

• Cambridge Associates 
• Canaccord Genuity Asset Management
• Chetwood Wealth Management Ltd
• Click2Check
• Fleet Mortgages Limited
• Furness Building Society
• ICAS – The Institute of Chartered Accountants of Scotland
• Moody's Corporation
• OCM Wealth Management
• StriveX Limited
• XPS Pensions Group 

Source: Treasury

Hundreds of financial services firms have signed up to the Charter including Abrdn, Blackrock, Brewin Dolphin, Brooks Macdonald, Ellis Davies Financial Planning, Jane Smith Financial Planning and Magenta Financial Planning

Earlier this year a report for the Charter suggested that women were continuing to gain more senior roles in financial services, with female executives now holding 35% of senior roles. The figure was an increase on the 33% recorded in 2021 and 2022.

Half of the financial services firms signed up to the Charter have set a target of at least 40% of senior roles held by women.

The Women in Finance Charter was launched by the Treasury in 2016 to increase the representation of women in financial services. It has published an annual review to monitor signatory progress in collaboration with think tank New Financial.