FCA: Adviser whistleblower complaints down 60% on last year

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 complaints respectively.  The report also said that the overall number of intelligence cases containing whistleblower complaints received had fallen from 1,340 last year to 1,014 this year. The considerable drop between this year and last is unprecedented with whistleblowing to the regulator increasing every year since 2007 from a low of 138, bar a small dip in 2010 (from 543 to 424). This...