FCA executive director says the regulator expects ‘firms to be more transparent about progression’ because ‘this reflects culture, shapes judgements and outcomes’ linked to Consumer Duty rules
Not-for-profit social mobility membership organisation Progress Together last night (21 May 2026) launched a new campaign – called Making the Invisible Visible – designed to encourage greater socioeconomic diversity in financial services career progression pipelines.
Sheree Howard, authorisations executive director at financial services regulator the FCA, said that improving social mobility across financial services is an important way to ensure compliance with the regulator’s Consumer Duty rules, which came into force in July 2023.
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