FSA bosses shared £2.6m earnings in 2010/11

clock

The chairman and senior directors at the FSA shared more than £2.6m in salaries, bonuses and benefits in the year to 31 March, documents show.

The regulator's latest accounts show chief executive Hector Sants topped the pile with a £500,000 salary, boosted by £115,000 in performance related bonuses, £131,810 in other emoluments and benefits and a £60,000 payment into his pension. This brought his total earning up to £806,810, up from £773,067 in 2010, an increase of 4.36%. Meanwhile, chairman Adair Turner earned a salary of £426,000, with £22,076 in benefits and £52,200 in pension contributions, bringing his total to £500,276, up from £488,557. Sally Dewar earned a total of £554,233, while Jon Pain and Margaret Cole recei...

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 Regulation

DB transfer adviser hit with provisional FCA ban and £742,700 fine

DB transfer adviser hit with provisional FCA ban and £742,700 fine

Daniel Thomas advised 53 clients, including four British Steel scheme members

Sophia Panayi
clock 03 September 2026 • 2 min read
Proving good customer outcomes still a challenge for financial planners

Proving good customer outcomes still a challenge for financial planners

Firms face practical challenges in Consumer Duty board reporting

Sophia Panayi
clock 03 September 2026 • 2 min read
'Watershed moment' as FCA's non-financial misconduct rules come into force

'Watershed moment' as FCA's non-financial misconduct rules come into force

Enforcement ‘not a question of if, but when’

Michael Nelson
clock 02 September 2026 • 2 min read