Lord Adair Turner set to be new FSA chairman

Reports over the weekend suggest Lord Turner is the Treasury's preferred candidate and is just days away accepting the part-time role. Lord Turner is a former CBI director general and was once chairman of the Blair Government’s Pension Commission. The main stumbling block appears to be Lord Turner’s wish to remain chairman of the Government's climate change committee, while taking on the three day a week FSA post. It is understood the Government will allow Lord Turner to preside over both roles, at least until December. Lord Turner's possible appointment comes after a difficult peri...