Hybrid working 'life-changing' for City's women but fund sector still lags on gender parity

Sexism in the City hearing

The end of hybrid working is threatening to roll back the little progress made towards gender equality in the fund management industry, the Treasury Committee has been told.

In an evidence session today (17 October), MPs heard that the fund management sector was a laggard on gender parity for pay and positions, but a post-Covid shift to hybrid working has triggered "life changing" flexibility for women in the City, which is now under threat from a return to the office. The comments formed part of testimony in evidence to the committee to gauge what progress, if any, has been made in advancing gender equality in the financial sector since the Women in Finance Charter began collecting data in 2018. MPs also wanted to answer the question, ‘Are firms, regulat...