Half of women have experienced gender barriers in financial services

'Women are still being overlooked'

Eve Maddock-Jones
clock • 2 min read

Half of women say they have experienced barriers to their career within financial services because of factors such as pregnancy and menopause, a recent study has found.

Simplify Consulting published research into the gender pay gap and experiences and found the 'glass ceiling' was still ever-present for women in financial services. The survey was carried out across 100 women working in financial services and over 100 female students. It found 34% of participants experienced regular gender discrimination while 52% felt they were paid differently due to gender. Another statistic showed company support on these problems was lacking, with 74% of women saying that when they raised gender-related issues with their employers, unsatisfactory action was taken...

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 People

People Moves: 7IM swoops for Schroders Personal Wealth COO

People Moves: 7IM swoops for Schroders Personal Wealth COO

Nick Allen has over 30 years of experience in financial services

Professional Adviser
clock 02 May 2025 • 1 min read
PA360: A 'myth' that younger generations do not want to work in advice

PA360: A 'myth' that younger generations do not want to work in advice

But new hires not ‘driven solely by money’, panellists say

Jen Frost
clock 01 May 2025 • 2 min read
True Potential names CEO of adviser support business

True Potential names CEO of adviser support business

Gregg Lang heads up True Potential Adviser Services

Isabel Baxter
clock 28 April 2025 • 2 min read