The man charged with overseeing what he says will be a "mammoth" independent review of the role and purpose of the Financial Services Skills Council (FSSC) says an overhaul of the organisation was needed.
Simon Ellis, former head of Fidelity’s multi-manager business, says it is difficult to describe what the council does “in a sentence”, before adding “it shouldn’t be”. He has been appointed FSSC managing director and will lead a team on an open consultation, seeking out the views of employers and stakeholders, which is expected to last until September. In May, ministers in UK Government and Devolved Administrations decided the FSSC’s role and strategy should be subject to review. While recognising the organisation had strengths, the council was judged not to have met the required s...
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