FCA flags progress on internal DEI targets and urges action on Consumer Duty

According to the FCA report 2024-2025

Sahar Nazir
clock • 2 min read

The Financial Conduct Authority (FCA) has reaffirmed its commitment to diversity, equity and inclusion (DEI) within both its own operations and the wider financial services sector, while warning that smaller firms may face increasing challenges under the Consumer Duty.

In its latest report, the regulator said it is "proud" of being a diverse, inclusive, and flexible organisation that reflects the public it serves. According to the report, 75% of FCA staff responded positively to DEI-related questions in its annual employee survey, making it the highest scoring category. The FCA revealed it is now in the second year of a three-year, evidence-led internal DEI programme and has already surpassed several key targets. Female representation across the organisation stands at 52%, while minority ethnic representation is at 34%, exceeding the authority's own ta...

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

'Don't think of consolidation as the end of independent advice. It isn't'

'Don't think of consolidation as the end of independent advice. It isn't'

Continuity before everything else

Tom Rowe-Jones
clock 02 September 2026 • 5 min read
SENDA calls on profession to share how it supports families with disabilities

SENDA calls on profession to share how it supports families with disabilities

Part of white paper launching in November

Isabel Baxter
clock 02 September 2026 • 2 min read
Plannex memberships boosted by 'out of the blue' Reddit influx

Plannex memberships boosted by 'out of the blue' Reddit influx

Without spending a penny on the social media platform

Isabel Baxter
clock 01 September 2026 • 5 min read