FSA's Sants in trouble over £3m house renovation-papers

clock

Hector Sants, CEO of the FSA, is under fire at home as well as the office after his £3m plans to renovate a Victorian property have been slammed by local residents, the Daily Mail reports.

Sants’ plans for his £2.4m home counties home include a lift, subterranean indoor swimming pool, gym, electronic gates, six bedrooms and nine bathrooms. However, the redesigns have been criticised for being ‘vulgar and extravagant’, according to the Daily Mail, with neighbours and the local Victorian society opposing the plans. One neighbour is quote by the mail as saying Sants, who earns £700,000 a year, should be working to save Britain’s economy instead of spending a fortune turning a historic house into a flashy palace. In his defence, Sants says he is restoring a wrecked house to...

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

Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off later this month

Professional Adviser
clock 09 September 2025 • 1 min read
Webinar: IHT on pensions from April 2027 – what financial planners need to know

Webinar: IHT on pensions from April 2027 – what financial planners need to know

Sign up to join L&G, Octopus, Quilter and TIME on 24 September

Professional Adviser
clock 05 September 2025 • 1 min read
Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 18 September 2024 • 2 min read