FCA chief’s performance bonus eclipses average staff pay by £10k
Andrew Bailey, chief executive at the Financial Conduct Authority, has pocketed a performance bonus for 2018 worth £10,000 more than the average remuneration of the watchdog’s whole workforce.
Adviser association chief pleads for less EU regulation
The chair of the European Federation of Financial Advisers and Intermediaries (Fecif) has called on Europe to ease up on legislation for advisers.
Competition watchdog seeks investment consultancy overhaul
The Competition and Markets Authority (CMA) has proposed a radical overhaul of the UK’s £1.6trn investment consultancy and fiduciary management industry after identifying conflicts of interest, a lack of competition and opaque fees.