View more on these topics

FSCS recruits chief operating officer


The FSCS has recruited a new chief operating officer from insurance giant RSA.

Jimmy Barber will take on the COO role from January. He was previously operations development director at RSA.

The lifeboat scheme has also promoted Kathryn Sherratt to chief financial officer. Sherratt joined the FSCS in 2012 as head of finance.

FSCS chief executive Mark Neale says: “I am delighted to welcome Kathryn and Jimmy to the board of FSCS.

“They bring a wealth of experience to the roles and are well equipped to meet the challenges FSCS now faces. The scheme plays a vital role in protecting consumers when firms fail. That helps consumer confidence.

“Kathryn and Jimmy’s experience will help us to be even more effective as we deliver an efficient and effective compensation scheme for the industry and consumers.”



Nic Cicutti: Why all the fuss about consolidators?

What’s all the big fuss about consolidators and churning? I only ask because the FCA appears to be raising questions about whether some of the industry’s players are hitting clients with unnecessary charges and moving them into inappropriate investments. According to Money Marketing, the regulator is asking firms to “provide details of their business plans […]


Financial adviser jailed for 6 years over film scheme tax fraud

A former financial adviser has been jailed for six years for his part in a film scheme tax fraud. Neil Williams-Denton devised tax avoidance schemes based on tax breaks given to investment in the film industry, reports City AM. He attempted to defraud HMRC of £2.2m. Williams-Denton, a former Greystone Financial Services director, was jailed […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment