FSCS chairman to earn £75k for two days per week

Laura Miller
clock

The Financial Services Authority is hiring a new chairman of the Financial Services Compensation Scheme - on a yearly salary of £75,000 for two days work a week.

The job advert appears in the Times newspaper, under the heading 'Contributing to Financial Stability'. An "exceptional person" is sought by the FSA to succeed David Hall, who steps down after six years as chair of the FSCS at the end of March 2012. Candidates should either have spent a "significant" part of their career in financial services, or "be able to demonstrate an excellent understanding of the sector". The successful candidate will work at the FSCS' central London offices "circa two days per week; £75,000 per annum". Advisers and the rest of the regulated finance indus...

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

Advertising watchdog upholds complaint against car rental 'investment' firm

Advertising watchdog upholds complaint against car rental 'investment' firm

Second complaint to be upheld against the business in just over a month

Jen Frost
clock 07 May 2025 • 4 min read
FCA seeks feedback on cryptoasset trading regulation

FCA seeks feedback on cryptoasset trading regulation

Aims to build confidence in the sector

Patrick Brusnahan
clock 02 May 2025 • 1 min read
Schroders becomes first to adopt all four SDR labels

Schroders becomes first to adopt all four SDR labels

Includes 'Sustainability Mixed Goals' label

Linus Uhlig
clock 27 January 2025 • 1 min read