The founding chairman of the Financial Conduct Authority (FCA) John Griffith-Jones will step down after the completion of his first term in the role next March.
Griffith-Jones, who has chaired the regulator since its creation in April 2013, will not stand for a second term, with the FCA having faced much criticism over the past four years. This has been in light of a number of botched reports such as the regulator's mishandled response to an information leak about an upcoming investigation into closed book life insurance contracts, which wiped billions off the value of leading insurers. The regulator's failure led to an inquiry to assess the way it...
Some 85% of employees are more likely to work for employers offering clearly labelled benefits, research from Canada Life has found.
Wellbeing expert David Price discusses a range of practical ways employers can set about looking after the mental health of their staff during the seasonal period
The Financial Ombudsman Service (FOS) will maintain its current funding model for the next financial year despite recognising it is unsustainable in its current form.
The FCA has confirmed that, while businesses will have to identify certified staff from day one under the Senior Managers & Certification Regime (SM&CR), they will have a year to complete fitness and propriety assessments.