Equitable's Headdon to escape lifetime ban - papers 2nd June

Professional Adviser
clock

ONE OF THE executives at the centre of the Equitable Life scandal appears to have struck a deal with the FSA and escaped a lifetime ban from the City, suggests this morning's Daily Telegraph .

Chris Headdon, the insurer's former appointed actuary and chief executive, appears to have escaped the ban but in return accepted a six-year exclusion several months ago. By accepting the deal, Headdon and the FSA are thought to avoid a public tribunal hearing. UNSURPRISINGLY, the major story on the front of most national newspapers today is the ever-climbing price of oil, which yesterday crossed $42 a barrel in New York and pushed petrol prices above £1 a litre. The Times says Britain and the United States are stepping up the pressure for increased oil production in the hope it wi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

'Quality is the golden thread' – why Benchmark won Best Advice Network

'Quality is the golden thread' – why Benchmark won Best Advice Network

PA Awards 2026 winner shares secrets to success

Professional Adviser
clock 29 April 2026 • 3 min read
Women in Financial Advice Awards 2026: Nomination deadline 8 May!

Women in Financial Advice Awards 2026: Nomination deadline 8 May!

Awards to be held at Hilton Bankside in London

Professional Adviser
clock 14 April 2026 • 1 min read
Editor's message: When new beginnings come together

Editor's message: When new beginnings come together

Professional Adviser will be back on Tuesday

Jen Frost
clock 02 April 2026 • 1 min read