Modern Slavery Statement
In the wealth management and technology sectors, modern slavery can be a hidden but significant issue, often surfacing in areas like supply chains and outsourced technology development. At Perpetual Wealth Group Ltd, we understand that these sectors are not immune to such risks and that modern slavery can insidiously appear in sectors not traditionally associated with these practices. We are dedicated to vigilant practices to identify and address any signs of unethical practices, no matter how concealed they may be.
About This Statement
Complying with the Modern Slavery Act 2015, Perpetual Wealth Group Ltd is committed to understanding and mitigating risks associated with modern slavery in our business and supply chains. This statement reflects our commitment to preventing slavery and human trafficking in all aspects of our operations.
Our Commitment
Perpetual Wealth Group Ltd stands firmly against slavery and human trafficking. We refuse to knowingly engage with any business or entity involved in such activities, maintaining a vigilant stance against such practices in all our business dealings.
Our people
Our workforce at Perpetual Wealth Group Ltd primarily consists of highly skilled and professionally qualified individuals. We consider the risk of modern slavery within our business operations as low. As a living wage employer, we ensure fair compensation for all our staff and expect our suppliers to uphold similar standards. Our Equal Opportunities Policy, highlighted in our employee handbook, reinforces our stance against any form of discrimination or victimisation.
Ethical Standards
Our team at Perpetual Wealth Group Ltd primarily consists of highly skilled professionals in wealth management and technology. We assess the risk of modern slavery within our business operations as low. As a living wage employer, we ensure fair compensation for all our staff and expect our suppliers to uphold similar standards. Our Equal Opportunities Policy, accessible to all employees, underscores our stance against any form of discrimination or victimisation.
Due Diligence
Enhanced due diligence is conducted in our client relationships and partnerships, especially in high-risk countries and sectors, to align with our ethical standards. This includes careful scrutiny of our supply chains and outsourced technology services to detect hidden risks associated with modern slavery.
Our Suppliers
Perpetual Wealth Group Ltd relies on third-party suppliers in wealth management and technology for the delivery of quality services to our clients. We expect these suppliers to operate ethically, transparently, and in compliance with all applicable laws and regulations. Recognising the hidden risks of modern slavery, particularly in technology supply chains and outsourced development, we conduct thorough reviews of our key suppliers to ensure adherence to our standards and policies.
Monitoring And Review
We are committed to continually strengthening our business practices to address modern slavery risks. This policy is periodically reviewed by our board, with any recommendations for amendments reported and implemented as necessary.
A Message From Ian Cooke, CEO
As the CEO of Perpetual Wealth Group Ltd, a company with a dedicated and compact team, I am proud to address an issue of profound importance – our commitment to combatting modern slavery and human trafficking.
In the wealth management and technology sectors, it might be easy to overlook the relevance of modern slavery. However, irrespective of our size or the nature of our industry, it is vital that we all remain aware and proactive. Even in smaller teams like ours, awareness and vigilance play a critical role in preventing these hidden injustices.
Our Modern Slavery Statement, while a compliance with the law, goes beyond legal obligations. It represents our ethical stance and a promise to uphold integrity in every aspect of our business. We may be a small team, but our commitment to ethical business practices and social responsibility is vast and unwavering.
At Perpetual Wealth Group Ltd, we believe in the power of collective awareness and action. Each member of our team is encouraged to embrace this responsibility, ensuring our operations and supply chains are free from the shadows of modern slavery.
I invite every member of our team, along with our clients and partners, to join us in this commitment. It's through our collective effort, regardless of our team's size, that we can make a significant impact in creating a fairer and just world.Let us stand together in this vital endeavour.
Ian Cooke, CEO
Last Updated: January 2024