Former FSA-chief Hector Sants named as single guidance body chair

New body due by end of 2018

Victoria McKeever
clock • 1 min read

Former Financial Services Authority (FSA) chief executive Hector Sants has been appointed as chair of the new, incoming single financial guidance and claims body.

Sants (pictured), who headed up the Financial Conduct Authority's predecessor between 2007 and 2012, was listed as chair on the Cabinet Office website. The new guidance body is set to be up and running by winter this year, pensions and financial inclusion minister Guy Opperman said in March. It will combine the Money Advice Service, The Pensions Advisory Service and Pension Wise into one single guidance body. Single financial guidance body and cold-call ban provisions become law Following his time at the FSA, Sants became head of compliance at Barclays Bank at the start of 2013 but...

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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Investors caution Reeves' ISA reforms 'would need to strike a careful balance' to solve UK investment crisis

Investors caution Reeves' ISA reforms 'would need to strike a careful balance' to solve UK investment crisis

‘A significant shift’ but not unprecedented

Sorin Dojan
clock 21 February 2025 • 2 min read
Advisers urged to encourage philanthropy as UK's wealthiest donate £8bn

Advisers urged to encourage philanthropy as UK's wealthiest donate £8bn

CAF report highlights untapped philanthropic potential among high-net-worth clients

Sahar Nazir
clock 21 February 2025 • 2 min read
Feel Good Friday: MKC Invest 'do things differently' with GAIN partnership

Feel Good Friday: MKC Invest 'do things differently' with GAIN partnership

The DFM partnered with GAIN last year

Professional Adviser
clock 21 February 2025 • 1 min read