Socio-economic background: A key concern for advisers?

FCA considers D&I to be crucial to better decision-making in firms

clock • 5 min read

Simon Collins, John Morgan and James England look at the burgeoning D&I push from financial regulators and urge firms to take a proactive approach to the issue...

Financial services regulators have been pushing firms for some time to accelerate diversity and inclusion (D&I) progress in their workforces. So when the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) published their diversity consultation papers at the end of September some were well-prepared, but there are some areas that have come into increasing focus, such as social mobility, that firms may have not yet focused their efforts on From the lead-up to and the release of its consultation paper, it has been clear the FCA considers D&I to be crucial to bette...

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 Regulation

Why the FCA's data request demands more than compliance

Why the FCA's data request demands more than compliance

Shift towards data-driven regulation arrives at a 'pivotal juncture'

Claire Cherrington
clock 31 July 2025 • 4 min read
The FCA and non-financial misconduct: Updated rules and guidance

The FCA and non-financial misconduct: Updated rules and guidance

'The FCA hopes that the proposed amendments will increase clarity and consistency'

Claire Cross
clock 29 July 2025 • 4 min read
FOS interim chair named following unsuccessful recruitment campaign

FOS interim chair named following unsuccessful recruitment campaign

Liam Coleman appointed

Jen Frost
clock 28 July 2025 • 2 min read