Skills for future success

The Financial Services Skills Commission is an independent, industry-led Commission. We work with the UK Financial Services sector to ensure that it has the talent and skills it needs for the future.

About us

WHAT WE DO

Our aim is to ensure that the financial services sector has the talent and skills it needs for the future.

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Forging Paths to Excellence

Through our work, we are addressing the major skills gaps impacting the sector, and finding solutions to issues around attracting and retaining talent.

Prioritise a reskilling approach, underpinned by improved long-term forecasting of future skills needs

Embed a reskilling approach by creation of actionable tools and content and sharing best practice

Broaden the pool of talent through improved attraction, recruitment, retention and diversity & inclusion

Act as the collective voice of the sector and convenor on skills matters

The Skills Challenge

Skills gaps in financial services are impacting on productivity, growth and competitiveness.  Technological advancements, demographic shifts and changing consumer expectations are augmenting the skills that we need our people to have.  Skills gaps have been growing and, if left unchecked, will limit our ability to innovate, grow and serve our customers.

73%

of roles in the sector are highly-skilled compared with 52% in 2004

2nd

largest skills gap of any UK sector

160,000

of our people need to be upskilled

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