Westminster Business Forum

The financial services workforce - tackling the skills gap, improving culture and increasing diversity

TO BE PUBLISHED June 2020


This conference will discuss latest thinking on tackling the skills gap affecting financial services, particularly in the context of heightened scrutiny of cultures and diversity in the sector.


It takes place against a backdrop of decline in graduate applications to financial services firms in recent years and with concerns that increasing digitisation of the industry is creating a skills deficit.


It also comes with financial workplace culture and diversity - and the impact on the recruitment and retention of skilled staff - becoming an increasing focus for influencers both inside and outside the industry, and for regulatory reform.


The conference is bringing together senior representatives from the industry, policy and the education system to discuss:


  • Next steps for tackling skills gap within the sector - including what is needed from the introduction of the financial T Level from 2022;
  • Strategies that are being adopted to strengthen workplace cultures, in the context of the introduction of the Senior Managers and Certification Regime (SM&CR); and
  • Latest thinking on competitive advantage gain for firms through improving diversity in their leadership and workforce.

Delegates will also discuss recommendations from the Financial Services Skills Taskforce on securing the pipeline of new talent with skills that the sector needs as it undergoes digital transformation.


The chair of the Financial Services Skills Taskforce, Mark Hoban, Chair, Flood Re, is a keynote speaker at this conference.


Further confirmed speakers include: Vivienne Artz, Women in Banking and Finance; Susanne Chishti, FINTECH Circle; Simon Culhane, Chartered Institute for Securities and Investment;  Dr Gbenga Ibikunle, University of Edinburgh; And Johnny Timpson, Scottish Widows and Disability Champion, Insurance, DWP.


The agenda


  • Ensuring financial services has the skills to maintain its position as a world leading financial centre;
  • Implementing the financial services T Level - and supporting business and the education system to produce the workforce of the future;
  • Closing the skills gap - upskilling the existing workforce, adapting to new technologies and securing the pipeline of talent post-Brexit;
  • Building healthy cultures in financial services - an industry perspective;
  • Culture in financial services - improving diversity, workplace health and the image of the sector; and
  • The future for the Women in Finance Charter - and priorities for strengthening the financial services workforce to support the sector maintain its competitiveness.


Price: £95 PLUS VAT
Format: DOWNLOADABLE PDF


Shortly after every Westminster Business Forum seminar, a briefing document is produced. This is distributed to all delegates on the day as well as to our policymaker contacts in government, and to stakeholders more widely.

A seminar publication provides a timely record of proceedings, and acts as a guide to the latest thinking on current policy issues for those unable to be at the event.

This publication includes

Presentations

Contributions from keynotes and panellists, including accompanying slides*
*Subject to approval


Delegate Pack

Information from the day, including delegate list, biographies and agenda

Q&A

Transcript of questions and comments posed to speakers from attending delegates


Articles

Supplementary articles from speakers
and delegates