FCA chief Wheatley gets 15% pay rise
The regulator’s chief executive sees total remuneration go up to £701,000 in 2015.
The Financial Conduct Authority (FCA) has rewarded chief executive Martin Wheatley with a 15% pay rise in the year to 31 March 2015.
The figure was revealed in the FCA's annual report and accounts for 2014/15 which showed the watchdog lost £58m in the period.
Wheatley received £92,000 in performance-related pay in 2015, which took his total pay up from £610,000 in the preceding year to £701,000.
Review
The period in question did not include the briefing to the Daily Telegraph on 27 March 2014
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