FCA CEO Nikhil Rathi received a 4.4% pay increase in the past year, pushing his total salary and pension package up from £559,000 to £577,000, according to the FCA’s 2025-26 Annual Report and Accounts published this week.

Average basic salaries, total earnings and bonuses continued to rise in 2025, the twelfth consecutive year of increases, according to a new report.

Salary expectations in the Financial Planning profession are climbing after the sector experienced notable growth last year - but nearly half of professionals say they are still undervalued.

FCA staff will receive a pay rise averaging 3.6% from April.

The average salary at the FCA has risen by an average of 4.8% this year to £71,290, with some younger staff members receiving an 11.2% increase.