TCF blow as director steps down

clock

The FSA's director of treating customers fairly (TCF), Sarah Wilson, is stepping down, as the regulator starts visiting firms to ensure they are implementing the principles.

Wilson has made the decision for personal reasons and will stay with the regulator until a replacement has been found. Prior to being appointed as director of TCF she was director of the Retail Firms Division, and before that director responsible for the introduction of conduct of business regulation in the mortgage and general insurance sectors. She was first made a director of the FSA in April 2002. The deadline for meeting the FSA's TCF requirements was December 2008 and the regulator is now actively engaging with firms to ensure compliance. IFAonline

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 Your profession

Hilbert Investment Solutions launches structured product adviser academy

Hilbert Investment Solutions launches structured product adviser academy

Focused on improving understanding

Sophia Panayi
clock 30 April 2026 • 2 min read
Legal insight: Why jurisdiction on divorce is so important

Legal insight: Why jurisdiction on divorce is so important

How does jurisdiction affect the financial outcome?

Neil Graham
clock 30 April 2026 • 5 min read
Robert Peston: Middle East conflict 'particularly problematic' for UK growth

Robert Peston: Middle East conflict 'particularly problematic' for UK growth

Robert Peston discusses at PA360

Sophia Panayi
clock 29 April 2026 • 4 min read