Treasury Committee probes CEO Rathi over FCA bonuses

Nikhil Rathi was questioned over the £23m in bonuses paid last March

clock • 3 min read
Financial Conduct Authority chief executive Nikhil Rathi
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

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

PPI: Why the gender pension gap matters, how it is measured, and why monitoring helps

PPI: Why the gender pension gap matters, how it is measured, and why monitoring helps

John Adams says a range of approaches could be used to calculate the GLC

John Adams
clock 26 February 2026 • 4 min read
News Digest: Traffic-light system for pensions heading down wrong road; Civil Service Pension Scheme hardship-loan update

News Digest: Traffic-light system for pensions heading down wrong road; Civil Service Pension Scheme hardship-loan update

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 26 February 2026 • 1 min read
Buzz: Should councils consider LGPS contribution holidays to fund services?

Buzz: Should councils consider LGPS contribution holidays to fund services?

LGPS contribution holidays, DB scheme advisers and member wellbeing

Professional Pensions
clock 23 February 2026 • 1 min read
Trustpilot