Financial sector female employment stagnates at 42.7%

ONS stats show continuous downward trend in female employment in financial services

Sahar Nazir
clock • 1 min read

Women made up 42.7% of staff in the financial and insurance sector, according to data released today (15 August) by the Office for National Statistics (ONS).

The number has dropped by 1.6% compared to the second half of 2022, but up 0.4% since the first quarter of 2023. The representation of women in the sector remains below pre-pandemic levels, the ONS said. By contrast, when records began in 1997, women made up 53.5% of the sector, 10.8% more than today. The ONS said that women as a percentage of employees in financial services have been falling steadily over recent years.                 Source: ONS Overall employment in the financial and insurance sector in the second half of this year stood at 1.53 milli...

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

The enduring value of advice in an era of DIY investing

The enduring value of advice in an era of DIY investing

'The debate is about execution and consistency'

Chris Ball
clock 10 March 2026 • 4 min read
Aberdeen's Kenny on 'hugely worrying' financial literacy gender gap

Aberdeen's Kenny on 'hugely worrying' financial literacy gender gap

Recent research findings

Jen Frost
clock 09 March 2026 • 3 min read
News editor's view: What I've learnt from ambitious young women in advice

News editor's view: What I've learnt from ambitious young women in advice

To mark International Women’s Day this year, I wanted to shine a light on the young female talent out there in the advice profession.

Isabel Baxter
clock 06 March 2026 • 4 min read