The proportion of women in the Financial Conduct Authority's (FCA) senior leadership team has fallen from 39% in 2016 to 36% in 2017, while representation from ethnic minority groups is also down.
The FCA published data on progress towards its diversity targets and the gender pay gap within the organisation on Monday. It had set itself a target for 45% of its senior leadership team to be women by 2020 and 50% by 2025, as part of its commitment to the Women in Finance Charter. However, the latest data, which is for March 2017, shows it is falling well short of reaching those targets. Pay gap The FCA's mean pay gap between male and female employees was found to be 19.28%, while its median pay gap was 20.91%. Revealed: Finalists for IW's first Women in Investment Awards ...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes