FCA offers salary increases of 5% and higher pension contributions

The regulator has outlined its new employment offer

Lauren Mason
clock • 1 min read
FCA offers salary increases of 5% and higher pension contributions

The Financial Conduct Authority (FCA) has implemented a new employment offer across its business, which includes increasing 800 of its lowest-paid employees’ salaries by an average of £4,310.

The new offer, which follows a consultation among FCA colleagues and the firm's staff consultative committee, will also see salary and performance-related pay across the business increase by an ave...

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

Buzz: Do you support the commitments in the Employer Pension Pledge?

Buzz: Do you support the commitments in the Employer Pension Pledge?

Employer Pension Pledge, scheme investment mandation and pensions adequacy

Professional Pensions
clock 14 July 2025 • 1 min read
PASA launches de-risking 'jargon buster' to support scheme decision making

PASA launches de-risking 'jargon buster' to support scheme decision making

Organisation said the industry must ‘fully understand’ terminology and implications

Holly Roach
clock 14 July 2025 • 1 min read
UK employers back pledge to 'transform' pension investment culture

UK employers back pledge to 'transform' pension investment culture

The pledge will commit employers to prioritise net returns, not just cost

Holly Roach
clock 14 July 2025 • 7 min read
Trustpilot