FCA narrows gender and disability pay gaps but ethnicity gap remains stubborn

Median ethnicity pay gap widens from 9.1% to 9.3%

Isabel Baxter
clock • 3 min read

The Financial Conduct Authority has reported improvements in its gender and disability pay gaps over the past year, although its median ethnicity pay gap has widened slightly as minority ethnic staff remain underrepresented in senior roles.

According to the regulator's pay gap data for 2026 published yesterday (9 July), the median gender pay gap fell to 8.6% in 2026 from 9% a year earlier, while the mean gap reduced from 11.2% to 10.7%. The FCA said the overall gender pay gap continues to be driven by the distribution of men and women across different grades, rather than differences in pay for comparable roles. Women now make up 52.5% of the FCA's workforce, but 83.5% are employed in associate roles or below, with women also overrepresented in the regulator's professional support grade. Meanwhile, men remain more prevale...

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 Companies

Openwork's 2Plan finishes compensating clients after putting £1m aside

Openwork's 2Plan finishes compensating clients after putting £1m aside

Eventual redress bills for ongoing service and rebalancing issues below original provisions

Isabel Baxter
clock 14 August 2026 • 2 min read
FSCS opens claims for HDH Investment Services amid investigation

FSCS opens claims for HDH Investment Services amid investigation

Investment advisory firm entered liquidation in April after FCA probe

Isabel Baxter
clock 14 August 2026 • 1 min read
Norwich advice firm declared failed by FSCS

Norwich advice firm declared failed by FSCS

Signpost Financial Planning faces claims over general investments and SIPPs

Isabel Baxter
clock 13 August 2026 • 1 min read