Women in Finance Charter: Senior management gender equality still 30 years away

'Frustratingly' slow progress

clock • 2 min read

Gender equality at the highest levels will take 30 years to reach in financial services unless more action is taken, according to the Women in Finance Charter.

The group has blasted the slow progress being made within the sector in its latest report. Though the financial services sector is successfully accessing more female talent at a junior level, the picture is worse at a senior level. From 2018 to 2020 the proportion of women in senior management in the industry increased by only 1%, from 31% to 32%. Consultancy Bain & Company, which worked on the report with the charter, found evidence of biases among financial services companies. As well as an average disparity of 66% between men and women's salaries, a lack of transparency exace...

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 Investment

Smoothed funds are back - but advisers need to look beneath the surface

Smoothed funds are back - but advisers need to look beneath the surface

Defaqto’s Mike Turner examines the smoothed funds backdrop, differences in propositions and what it means for adviser due diligence…

Mike Turner
clock 02 March 2026 • 4 min read
The Year of the Fire Horse – will China gallop ahead?

The Year of the Fire Horse – will China gallop ahead?

'Beneath the volatility, structural trends emerge'

Janet Mui
clock 02 March 2026 • 3 min read
Orbis introduces three equity funds into UK

Orbis introduces three equity funds into UK

Japan, emerging markets and international

Jen Frost
clock 02 March 2026 • 2 min read