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

Just Group to exit direct-to-consumer business following Brookfield acquisition

Just Group to exit direct-to-consumer business following Brookfield acquisition

PP understands the move could lead to redundancies across the business

Holly Roach
clock 24 April 2026 • 1 min read
HMRC repays £44.1m in overpaid pensions tax in Q1 2026

HMRC repays £44.1m in overpaid pensions tax in Q1 2026

Analysis shows total amount recouped by savers since 2015 is close to surpassing £1.6bn

Martin Richmond
clock 24 April 2026 • 3 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Government terminates Royal Mail scheme contract with Capita, Clara superfund deal, pensions bill continues ‘ping pong’ process

Professional Pensions
clock 24 April 2026 • 1 min read
Trustpilot