CEO of FCA forerunner 'could have brought down Thatcher'

Westland helicopter affair disclosed by former PIA chief

Laura Miller

The head of the forerunner to the Financial Conduct Authority (FCA), who led the financial sector's first widespread review into pension mis-selling, has broken her 30 year silence on a scandal that could have cost Margaret Thatcher the premiership.

Colette Bowe, now Dame, ran the Personal Investment Authority (PIA) from its launch in January 1994 until 1997, when she quit in the regulatory shake-up that followed New Labour's entry to governme...

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