FCA's Megan Butler: Regulator faces 'struggle' to achieve diversity at senior levels

Women in Investment Festival

clock • 2 min read

The Financial Conduct Authority (FCA) "struggles at senior levels” to recruit a diverse workforce, Megan Butler told delegates at the Women in Investment Festival on 3 March.

The FCA's executive director of supervision said that instead of not having senior women and those from diverse backgrounds at those levels in the organisation, it has found another "mechanism", which is to "grow our own". At the inaugural festival, hosted by Investment Week and sister publications Professional Adviser and Professional Pensions at The Brewery in London, Butler said that the FCA's gender pay gap went "backwards by 0.3%" last year as she acknowledged "we have the same issues as the rest of the industry" when it comes to cultural change. FCA's Megan Butler: Gender divers...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA consolidation review 'a warning shot' for acquirers

FCA consolidation review 'a warning shot' for acquirers

Regulator’s findings a ‘wake-up call’ for private equity and consolidators

Sahar Nazir
clock 05 November 2025 • 5 min read
Expanded AML remit for the FCA: a good or bad thing?

Expanded AML remit for the FCA: a good or bad thing?

'Lots of issues to work through' before changes come into force

Colette Best
clock 05 November 2025 • 3 min read
The FCA's consolidator review was long overdue, but nowhere near enough

The FCA's consolidator review was long overdue, but nowhere near enough

That it took the FCA so long to launch a review 'still seems a mystery'

Justin Cash
clock 04 November 2025 • 4 min read