FSA hands out £300k in bonuses to bosses

The regulator's latest report shows that total remuneration for the five-man executive team was £3m in 2011/12, up from £2.7m in the previous year. Meanwhile, during the same period, they shared £234,000 in performance-related bonuses, although stretched back to January 2011 (but included within the same accounting period), it totalled £307,250. Out of this total, Hector Sants received £143,750, although he declined it, with the sum instead going to charity The Art Room. Including his base salary, other emoluments and benefits and his pension, Sants' total remuneration was £835,731...