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.
FCA’s Bailey tackles decumulation ahead of retirement report
Financial Conduct Authority chief executive Andrew Bailey has listed the growth of decumulation products as a key issue for the regulator as it prepares to launch its retirement outcomes review.
FCA tells EU to get on with reciprocal passporting
Financial Conduct Authority chief executive Andrew Bailey has told the European Union to “get on with it” and reciprocate passporting for UK firms during the implementation period.
FCA to review preference shares after Aviva backlash
The Financial Conduct Authority (FCA) has agreed to review the preference share market following investor backlash from the Aviva “debacle,” which saw the insurer backtrack on its plans to cancel preference shares at par value.