FCA under further pressure after letter before action

NEDs have received an open letter accusing them of failure to act

James Baxter-Derrington
clock • 1 min read
FCA under further pressure after letter before action

Non-executive directors (NED) at the Financial Conduct Authority (FCA) have found themselves under fire once again, with the board receiving an open letter accusing them of failure to act and the regulator itself now in receipt of a letter before action.

Transparency Task Force founder Andy Agathangelou has published the open letter calling for the NEDs and outgoing chair Charles Randell to "provide an explanation as to why [they] are failing to ac...

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

Government reform agenda 'ambitious' but 'entirely achievable', TPR says

Government reform agenda 'ambitious' but 'entirely achievable', TPR says

Nausicaa Delfas urges industry to ensure people benefit from better schemes

Holly Roach
clock 20 March 2026 • 1 min read
Two in five SMEs open to switching pension provider

Two in five SMEs open to switching pension provider

People’s Pension finds one third say lower investment performance biggest trigger for switching

Jasmine Urquhart
clock 20 March 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

House of Lords votes to remove mandation power from bill, TPR DC research, Standard Life results

Professional Pensions
clock 20 March 2026 • 1 min read
Trustpilot