FCA presses on with plans to scrap bonuses as it revises pay proposals
The Financial Conduct Authority has pressed on with plans to bring an end to performance-based bonuses for staff, prompting condemnation from the trade union Unite.
Discretionary cash bonuses are set to be scrapped for all staff from next year, with the final bonuses being paid next month.
In a letter to staff published alongside the pay proposals, FCA CEO
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