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...

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