Andrew Bailey, deputy governor for prudential regulation at the Bank of England and CEO of the PRA, is replacing Tracey McDermott as the CEO of the Financial Conduct Authority (FCA).
Bailey (pictured) has been at the Bank of England for 30 years, and is currently also chief executive of the Prudential Regulation Authority. He will remain in his current post until his successor has...
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.