Image:
Financial Conduct Authority chief executive Nikhil Rathi
Treasury Select Committee chair Mel Stride has put the Financial Conduct Authority's (FCA) bonus scheme into question and also raised concerns over the watchdog's recent fee hike proposal for financial services firms.
Speaking yesterday (8 December) Stride said the FCA's November fee proposals "contain a significant uplift" for firms' minimum fees, adding: "It's quite a hike, certainly in proportional terms." ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
