The chief executive of the Financial Conduct Authority (FCA) Martin Wheatley is to step down in September, the regulator announced today, because the Treasury wanted a change of leadership, a source close to the FCA said.
Wheatley's position on the FCA board was up for renewal in March 2016 and was not renewed by the Chancellor, the source said. The Treasury is now conducting a worldwide search for the next chief executive....
Contract-based schemes could face requirements to disclose their firms' policies on environmental, social and governance (ESG) issues under Financial Conduct Authority (FCA) plans.
Kate Smith has been named head of master trust at Aegon following the acquisition of BlackRock's defined contribution (DC) businesses.
Andy Palmer says trustees and employers should prepare for a no deal, which could pose big risks to sponsor covenants