Financial sector urged to do more pro bono work

Confidence in the financial services industry could be brought back on track if enterprises undertook more pro bono work.

That is the conclusion of a new report from the Chartered Insurance Institute (CII), which indicated that there are many benefits of working for free.

According to the organisation, pro bono work is relatively new to the insurance and financial services sector but, if implemented correctly, it can boost professional skills and rebuild public confidence.

Such initiatives can also boost communities and help society as a whole, the report argued.

Chris Hanks, president of the CII, said: "The CII and [Personal Finance Society] are involved in a number of initiatives that demonstrate our profession's willingness to get behind pro bono work.

"We are proud to have the support of many members who are willing to donate their time and expertise but we need more professionals to get involved."

Posted by Christopher Evans

Published on: August 27, 2010

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