FCA reveals top exec salaries after Bailey declines bonus

Detailed in annual report

Sophie King
clock • 2 min read

Top executives at the Financial Conduct Authority (FCA) took home almost £640,000 in collective salaries for the year ending March 2021.

In its Annual Report and Accounts published on Thursday (15 July), from 31 March 2020 to 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 l...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Sophie King
Author spotlight

Sophie King

Professional Adviser journalist from 2018-2021

More on Regulation

FCA private markets review raises valuation concerns

FCA private markets review raises valuation concerns

As exposure to private assets grows

clock 05 March 2025 • 5 min read
FCA's Nikhil Rathi: Tackling growth 'requires bold strokes – from all of us'

FCA's Nikhil Rathi: Tackling growth 'requires bold strokes – from all of us'

Regulator aims to 'end duplication'

Linus Uhlig
clock 27 February 2025 • 2 min read
FCA launches multi-firm review targets private asset managers conflict of interests

FCA launches multi-firm review targets private asset managers conflict of interests

Arbitrary valuations also a target

Cristian Angeloni
clock 26 February 2025 • 2 min read
Trustpilot