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

Confidence among advisers 'extremely high' as profession thrives

Confidence among advisers 'extremely high' as profession thrives

Annual advice profession snapshot from Dynamic Planner

Jenna Brown
clock 20 May 2026 • 3 min read
Ex-minister Nicky Morgan looks to set up inquiry into women's financial resilience

Ex-minister Nicky Morgan looks to set up inquiry into women's financial resilience

‘Financial vulnerability is a predominantly female experience’

Sophia Panayi
clock 20 May 2026 • 1 min read
 Why ongoing advice matters when client confidence is low

Why ongoing advice matters when client confidence is low

'What clients value most from advisers is clear priorities, reassurance and practical help'

Sophie Hall
clock 19 May 2026 • 3 min read