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FSA's Tiner topped over half a million pounds in salary and benefits in 2004

In his first full year as chairman Callum McCarthy was paid £382 448 (£314 000 salary plus benefits), the Financial Services Authority revealed today as it published its 2004 annual report.

John Tiner, in his first full year as chief executive was paid £540 242 (£365 000 salary plus benefits). The regulator also reports the number of regulated firms increased from 14 479 to 24 423

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