Number of FSA staff earning £100k or more triples in four years

Figures obtained by the Financial Times via a freedom of information request show the regulator has 241 members of staff on more than £100,000 a year - up from just 81 in March 2006. The enforcement department saw the number of employees earning more than £100,000 jump to 35 from 10 four years ago - reflecting the regulator's crackdown on breaches of its rules. The regulator also awarded bonuses to 2,785 members of staff - almost 85% of its workforce - with the largest payout being 35% of salary. In the enforcement division, 194 people were granted a bonus of up to 15% of salary an...