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Inclusion and Diversity Action highlights

As at 31 December 2025

Context

In July 2024 we published a refreshed three-year Inclusion and Diversity (I&D) Action Plan setting out the plan and targets we have set ourselves. The plan builds on the strong foundations established and focuses on the key areas that require improvement and actions required to prompt change.

Quilter is unwavering in its commitment to taking clear and impactful action, fostering a culture where diversity succeeds and drives innovation. The Action Plan is endorsed by the Quilter plc Board and delivery is overseen by the Inclusion and Diversity Executive Committee, chaired by Quilter’s Chief Executive Officer.

Key successes

Key successes from the plan include:

  • increased representation of women and ethnically diverse colleagues in senior management roles, but our impact goes beyond that, we’ve made progress at all levels and across underrepresented groups more broadly
  • a significant increase in data disclosure among colleagues with several demographic areas exceeding industry peers
  • the establishment of employee networks including the new and growing Disability and Neurodiversity community (Diverse Abilities)

We continue to host informative inclusive sessions open to all colleagues who wish to play an active role, giving colleagues the opportunity to deepen their understanding and empathy.

Our ambition

Our ambition is to build on our progress and reach a more advanced stage of diversity, equity and inclusion maturity by 2027.

To achieve this, we will:

  • prioritise initiatives that foster inclusive leadership
  • strengthen management information systems
  • enhance reporting on diversity and inclusion metrics

Additionally, we will invest in talent management and learning programmes to support growth and development at all levels. Our early careers programme will continue to nurture emerging talent, while targeted training and coaching initiatives will be expanded to drive high performance and empower individuals to reach their full potential.

Together, these efforts will ensure a diverse, inclusive, and high performing organisation.

Our goals

Quilter’s I&D Action Plan has 3 core goals, specifically:

  1. To evolve our culture and bridge the gap between minority and majority groups by focusing on the differing needs of all our people.
  2. To grow our reputation as a responsible employer that attracts, develops, retains, and fully engages all of the diverse talent across our organisation.
  3. To increase the representation of underrepresented groups at all levels and meet the targets set for our Senior Leadership team.

We continue to track positively against the 5 strategic areas which underpin our I&D Action Plan and continue to make progress in diversity data disclosure with strong completion rates, exceeding industry norms across many areas.

We also continue to meet Board and senior leader diversity targets in line with the Listing Rules, Parker Review and FTSE Women Leaders Review.

Senior management representation

As at 31 December 2025 the proportion of females in senior management roles was 39%. The proportion of ethnically diverse colleagues in senior management roles was 7% as of 31 December 2025.

We are pleased of our progress and are mindful of the need for sustained focus, as progress toward our long-term inclusion and diversity commitments will take time and may not always be linear.

The senior management population is relatively small, making representation sensitive to even modest changes in year.

To further reinforce our long-term goals, we have set out a new minimum target for the end of 2027 to have 13% of our senior management population from ethnically diverse backgrounds.

Colleague diversity disclosure

Endorsed by the Board and led by the Chief Executive Officer, the I&D Action Plan sets out our belief in the importance of data in order to provide deeper insight into Quilter’s progress.

Having data provides a firm foundation to identify areas for improvement and shape the strategy and action needed to achieve our goals.

We set an ambitious target to achieve an 80% completion rate across seven areas including gender identity, ethnicity, sexual orientation, disability, religion, and socio-economic background (SEB).

We have achieved positive completion rates that exceed industry norms across all areas, though our disability disclosure rate remains lower than desired relative to other categories and we have put in place the necessary steps to support an increase over the coming years.

We have achieved particularly high data completion rates for new starters (98 – 99%) as a result of changes we have made to the hiring process.

Our diversity dashboard informs our activity and allows us to monitor progress achieved. Whilst we have been voluntarily reporting on ethnicity pay gaps for over four years, our data is now more robust, allowing us to assess pay and performance outcomes in greater detail. Where appropriate, we share insights with managers to drive meaningful action.

We are proud of these levels of disclosure and the trust our people place in us to use this information in building and retaining a diverse workforce.

Data disclosure responses rates (as at 31 December 2024)  

  Gender Gender identity Sexual orientation Ethnicity Disability Age group Religion SEB
Dec - 23 100% 55% 76% 91% 56% 100% 83% 65%
Dec - 24 100% 63% 81% 92% 54% 100% 86% 73%
Dec - 25 100% 70% 84% 94% 50% 100% 88% 71%

The data above is as at 31 December 2025 and colleagues are asked to contribute their data via an electronic portal.

For detail on the diversity of our Board directors see page 56 of the 2025 Report & Accounts.

Diversity engagement

Scores from Quilter’s employee engagement survey, Peakon, demonstrate that colleagues are showing high levels of satisfaction with our efforts to maintain a diverse workforce and create an environment where every individual feels included.

Diversity

A diverse workforce is a clear priority at Quilter.

2025

8.7/10

2024

8.6/10

2023

8.5/10

Inclusiveness

At Quilter, people of all backgrounds are accepted for who they are.

2025

8.9/10

2024

8.9/10

2023

8.8/10

Wellbeing

Quilter provides enough support for my mental and physical wellbeing for me to carry out my work.

2025

8.4/10

2024

8.3/10

2023

Question added to our internal survey in 2024.

Source: Quilter Peakon survey November 2025

Women in Finance Charter

Quilter is proud to be a signatory of the Charter which requires firms to work together to create more gender balance at all levels across financial services firms.

It is a voluntary initiative, led by the Treasury, aimed at promoting best practice.

When we signed up to the Charter in 2018, we had 33% women in senior management. As of 31 December 2025, we had 39% female representation in senior management.

As we work to maintain these medium-term minimum goals, we will continue to keep targets for the executives that will drive and support diverse representation across our senior management population.


Gender and ethnicity pay gaps reporting

Quilter’s diversity pay gap data shows mixed progress year-on-year, underlining both the complexity of the challenge and the need to maintain momentum on our inclusion priorities detailed in our I&D Action Plan.

Gender pay gap1 2025 2024 2023
Mean hourly pay gap 29% 27% 29%
Median hourly pay gap 31% 30% 30%
Mean bonus gap 63% 55% 57%
Median bonus gap 50% 45% 39%
Ethnicity pay gap1 2025 2024 2023
Mean hourly pay gap 19% 18% 15%
Median hourly pay gap 11% 15% 8%
Mean bonus gap 56% 47% 48%
Median bonus gap 42% 38% 30%

1The methodology for calculating our gender and ethnicity pay gaps follows UK government guidelines.

Recognition, awards, and commitments

In July 2024, we were awarded Gold Standard by LGBT Great Financial Services for the second time, recognising excellence in LGBT+ inclusion.

We renewed our Armed Forces Covenant Employer Recognition Scheme Silver Award, first awarded in 2020 and revalidated in 2026, reflecting our strong and ongoing commitment to the Armed Forces community.

Quilter’s I&D Action Plan has also won:

Winner

Best DE&I Initiative
PIMFA DEI Awards 2024

Highly Commended

Best DE&I Initiative
Professional Adviser Awards 2025

We have continued our commitment to the Halo Code that we first adopted in 2021, adding our name to the campaign pledge to help end workplace hair discrimination.

Further information

Reports and statements

An overview of the governance in place.

View reports and statements

An inclusive culture

Discover how we support our people, including our efforts to ensure Quilter is as inclusive and diverse as possible.

Find out more