FCA: Adviser whistleblower complaints down 60% on last year

Stats from annual report

Nicola Brittain
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FCA: Adviser whistleblower complaints down 60% on last year

The number of financial advisers reported to the regulator by a whistleblower fell to 170 in 2015/16 from 271 in 2014/15, according to the Financial Conduct Authority's annual report.

Despite this 60% drop in complaints, financial advisers were still the biggest sector in terms of whistleblowing disclosures, with consumer credit and retail banks second and third at 145 and 114 c...

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