Top executives at the Financial Conduct Authority (FCA) took home almost £640,000 (£637,000) in collective salary from March last year to March this year.
In its Annual Report and Accounts published on Thursday (15 July), for the year ending 31 March 2021, FCA chair Charles Randell took home a salary of £170,000. FCA chief executive officer Nikhil Rathi earned £228,000 for that year but at the time of his appointment last year, he agreed an annual salary of £455,000. Executive director Christopher Woolard received £239,000 from March 2020 to March this year. For their pensions, Rathi can expect £29,000 to head into his pension pot while Woolard will get £15,000. Ex-FCA chief Andrew Bailey, who resigned from the regulator in March las...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
