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FCA chief picks up £75,000 bonus

FCA chief executive Andrew Bailey received a £75,000 bonus for 2017/18, the regulator’s accounts show. Part of the bonus has been deferred and will be paid in 2019. The portion of the bonus already received has been donated to the FCA’s staff charities, Richard House and the Alzheimer’s Society. The bonus is a £10,000 increase […]

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Ascentric still to transfer 90% of assets to new platform

Royal London-owned platform Ascentric has transferred just 10 per cent of assets to its new platform with no date confirmed for the next phase. Ascentric is moving from proprietary technology to Bravura software and the first stage of the migration took place in April. An Ascentric spokeswoman confirms just 10 per cent of assets have […]

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