Two-thirds of ethnic minorities in UK financial services have suffered discrimination

Race to Equality: UK Financial Services

Lauren Mason
clock • 3 min read

Some 66% of ethnic minorities working in financial services have experienced discrimination at work due to their background, according to a recent survey from reboot.

The report, entitled Race to Equality: UK Financial Services, also found that only 36% of respondents believe their companies are fully committed to enhancing diversity and inclusion, while 48% believe their career progression is slower than that of their white colleagues. The findings of the report, which was conducted in partnership with research house Coleman Parks, came from a survey of 800 employees across 440 UK financial services firms. It also found that only 51% of respondents think their leadership teams believe diversity is critical to their businesses, and that only 59% of...

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 Your profession

What Justin Bieber is telling you about your clients

What Justin Bieber is telling you about your clients

‘In our world, success, true success, is delivering someone to their goal’

Chris Justham
clock 22 April 2026 • 2 min read
Bank return to advice is a rare case of sequel eclipsing original

Bank return to advice is a rare case of sequel eclipsing original

‘Most banks and financial advisers will be serving vastly different customer bases’

Mark Glover
clock 21 April 2026 • 5 min read
FCA urges principal firms to strengthen inactive AR oversight

FCA urges principal firms to strengthen inactive AR oversight

Gaps in governance, reporting, and consumer protection

Isabel Baxter
clock 21 April 2026 • 3 min read