FCA exits and entrances: Nick Poyntz-Wright out in reshuffle

Carmen Reichman
clock

Industry stalwart Nick Poyntz-Wright has left his role as director of life insurance and financial advice at the regulator, following a high-level reshuffle of the Financial Conduct Authority's (FCA) top people.

The former chief executive of Skandia UK, Poyntz-Wright has been at the regulator since 2011. He is replaced by Linda Woodall. His departure comes among a series of high-level moves at the regulator, including former director of enforcement Georgina Philippou being made its new chief operating officer. Her appointment finalises the FCA's reshuffle of its executive team, with acting chief executive Tracey McDermott temporarily at the helm while a successor for former Martin Wheatley is being sought. Wheatley stepped down in September after the Treasury refused to renew its contract,...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Regulation

The advice/guidance boundary review: More shades of grey?

The advice/guidance boundary review: More shades of grey?

'The feedback to the FCA is clear: rules are preferred to guidance'

Nina Cherry and Aneta Murdza
clock 09 April 2024 • 4 min read
Unauthorised director to hand investors £1.6m following FCA probe

Unauthorised director to hand investors £1.6m following FCA probe

Amount secured for investors by the FCA following High Court approval

Isabel Baxter
clock 04 April 2024 • 1 min read
Advisers sound positive note on LTA changes but flag need for support

Advisers sound positive note on LTA changes but flag need for support

The LTA will be abolished this week at the end of the tax year

Hope Coumbe
clock 02 April 2024 • 1 min read