FSA bosses paid £900k in redundancy since financial crisis

The revelation came in response to a written parliamentary question to the Treasury from Conservative MP Richard Fuller, which was referred to the FSA. Hector Sants, chief executive of the FSA, said: "Our records show that £881,738 has been paid in total as redundancy or other severance compensation to senior executives and directors of the FSA since July 2007. "We are not able to provide individual amounts as this would constitute personal data of the individuals." As well as details about redundancy payments, Fuller also asked for the number of senior executives at the FSA who ha...