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FSA reveals its latest executive pay and bonuses

Financial Conduct Authority chief executive designate Martin Wheatley has already been paid over £50,000 in performance related bonuses, after joining the FSA last September.


Lord Turner: MAS chief executive pay is too high

Financial Services Authority chairman Lord Turner has admitted that Money Advice Service chief executive Tony Hobman’s £350,000 remuneration package was set too high by the regulator.

Seven more branches for Metro Bank

Metro Bank has raised £126m to support new branch openings as it eyes a flotation on the London Stock Exchange in 2014. The bank, which launched in July 2010, has more than 80,000 personal and business accounts and 12 branches in the Greater London area. But expansion in other areas has been more difficult for […]

Accord reduces rates

Accord Mortgages is reducing the rates on its two-year fixed and 2-year tracker rates at 75% LTV and introducing two new house purchase products.

Benefits - thumbnail

Global benefits predictions for 2015 from Jelf International

According to Doug Rice, managing director of international services, in 2015, managing their international duty of care will become an increasing focus for UK-based overseas organisations in both managing their short- and longer-term challenges. As a result, strong independent advice and innovative technological solutions will become more important than ever in managing their global benefits.


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  • Glen McKeown 20th June 2012 at 5:39 pm

    I wonder what one has to do in order to earn a bonus within months of joining an organisation – and do keep suggestions clean!
    Having established that capability how does one then have the moral capability of complaining about the pay structures in other financial organisations? Or is it merely necessary to have a brass neck? On that characteristic one has to believe that the FSA have in “in spades”.

  • David Sheppard, Perception Finance 20th June 2012 at 5:38 pm

    The charity the money went to is reported on the BBC website today – it’s called The Art Room.

  • David Taylor 20th June 2012 at 11:53 am

    And a nurse earns £30,000 if she is lucky. A disgrace. If they were not so arrogant they would be ashamed. What a world we live in.

  • grunt grunt pauper over and out... 19th June 2012 at 6:42 pm

    what an expensive failure!!!!!
    I have no intention of carrying on and subsidising the FSA any longer…

  • phil h 19th June 2012 at 5:20 pm

    i would be delighted to hear of which charity i had supported

  • Victor Meldrew 19th June 2012 at 5:11 pm

    Well that’s my charitable giving done for the year. They might at least have asked me who I wanted to give it to.

  • Iain Telfer 19th June 2012 at 4:41 pm

    Shocking…what seems really shocking is that the FSA gave £143k to charity on behalf of Sants instead of keeping the money and reducing the vast amount of money it needs to keep itself going.

  • Ancient a mortgage broker in N3 19th June 2012 at 4:36 pm

    I see Ms Margaret Cole has done very well out of recent bonus payments? I wonder how she qualified for that extra £352k income vs 2010?

    Not bad work if you can get it – second highest paid after Hector Sants! Keep up the ‘Fine’ work.

  • John N Crisp 19th June 2012 at 4:34 pm

    At least Dick Turpin wore a mask……..

  • ROBERT LUNDON 19th June 2012 at 4:32 pm

    this is just getting stupid the reg fees are out of control putting small IFA’s out of businessas the fees cannot be covered and still make a living with all the mess thats been going on 80% of this has been caused by very large financial companies. If this attitude doesnt change post RDR how will the everyday people get independent advice