FCA's Megan Butler: Regulator faces 'struggle' to achieve diversity at senior levels

Women in Investment Festival

clock • 2 min read

The Financial Conduct Authority (FCA) "struggles at senior levels” to recruit a diverse workforce, Megan Butler told delegates at the Women in Investment Festival on 3 March.

The FCA's executive director of supervision said that instead of not having senior women and those from diverse backgrounds at those levels in the organisation, it has found another "mechanism", which is to "grow our own". At the inaugural festival, hosted by Investment Week and sister publications Professional Adviser and Professional Pensions at The Brewery in London, Butler said that the FCA's gender pay gap went "backwards by 0.3%" last year as she acknowledged "we have the same issues as the rest of the industry" when it comes to cultural change. FCA's Megan Butler: Gender divers...

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

MPs slam FCA's 'draconian and opaque' email deletion plans

MPs slam FCA's 'draconian and opaque' email deletion plans

Policy said to present 'inevitable, illogical and irrational risks'

Linus Uhlig
clock 24 February 2025 • 2 min read
FCA's ongoing advice services findings 'encouraging' but work not over

FCA's ongoing advice services findings 'encouraging' but work not over

Advisers said to be breathing collective sigh of relief

Isabel Baxter
clock 24 February 2025 • 7 min read
The poor practices found in FCA's ongoing services review

The poor practices found in FCA's ongoing services review

And what advice firms were doing well

Jen Frost
clock 24 February 2025 • 2 min read