FCA appoints former IA chief Daniel Godfrey for consultancy work

Godfrey (pictured) will be working for the regulator for a few months conducting policy work related to the regulation of asset management, a spokesperson from the FCA confirmed. Godfrey left the IA after three years in October, following speculation that Schroders, M&G and other management firms were thinking of leaving the organisation. Many IA members were reportedly concerned the organisation had taken on too strong a regulatory approach under Godfrey's leadership, at a time when asset managers were struggling with increasing demand from European regulators and the FCA. Followi...