Financial Conduct Authority (FCA) chief executive Martin Wheatley was paid a total of £610,000 in the year to 31 March, with a basic salary of £460,000, figures published today show.
Wheatley's total remuneration, which includes salary, benefits and pension, was lower than the £667,000 he received in the previous year. The other FCA executive directors - Clive Adamson, Tracey McDermott and Lesley Titcomb - were paid £364,000, £329,000 and £315,000 respectively. As well as a £460,000 basic salary, up on the £430,000 he picked up in 2012-2013, Wheatley's total remuneration comprised £109,000 in benefits - including access to a car and driver - and £41,000 towards his 'pension'. Wheatley is not a member of the FCA's pension plan, and received this amount as a non-pen...
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