FCA bosses ‘defer bonuses’ after insurance probe blunder
The BBC reports Wheatley and eight other FCA executives will all see their bonus payments delayed.
The leak resulted in a massive sell-off in insurance company shares earlier this year. An MP described it as “as extraordinary blunder” at the time.
The BBC said the watchdog had not commented on Wheatley’s bonus deferral but more information might be released in its annual report – scheduled for release on 9 July.
Last year Wheatley (pictured) took home a bonus of £86,000.