FCA: Workplace racism faced by black people 'subtle and insidious'

Jenna Brown
clock • 3 min read

There is a lack of black people across senior role in financial services and there is a “strong business case” for improving diversity, the Financial Conduct Authority (FCA) has said.

FCA executive director, consumers and competition Sheldon Mills has outlined why black inclusion mattered to the watchdog and said black people today faced "subtle and insidious" racism in the work...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

TPR urges DB trustees to make endgame choices now, not when forced

TPR urges DB trustees to make endgame choices now, not when forced

TPR CEO says do not make decisions when hand is forced, but when options are available

Holly Roach
clock 08 October 2026 • 2 min read
Mortality rates in 2026 continue to hit record lows, CMI finds

Mortality rates in 2026 continue to hit record lows, CMI finds

CMI monitor shows mortality rates have fallen for all age groups over the last three years

Martin Richmond
clock 08 October 2026 • 1 min read
SPP advocates for 3.25% GMP fixed-rate revaluation

SPP advocates for 3.25% GMP fixed-rate revaluation

Society says GAD analysis provides a ‘sound’ basis for proposed GMP fixed-rate revaluation

Martin Richmond
clock 08 October 2026 • 1 min read
Trustpilot