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FSA staff turnover more than doubles

FSA building

Staff turnover at the Financial Services Authority more than doubled between 2009/10 and 2010/11.

According to its annual report, the authority had a turnover of 10.4% employees in March this year compared to 4.9% last year.

The authority claims that staff levels have increased in line with their

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FCA looking to address issues on claims definitions

Andrew Ruddle, the Financial Conduct Authority’s interim head of the department for insurance market analysis and policy, has said the regulator is looking at addressing issues about different claims definitions within insurance.

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