Staff at the Financial Conduct Authority are pushing the watchdog to delay decisions on controversial changes to employees’ pay and perks, blasting their bosses for making “a complete mess” of the consultation on the matter.
An interim report on the new rules from the FCA's Staff Consultative Committee said the watchdog's management had provided staff with "insufficient information" on the matter "to allow them to reach a full understanding of the impact of the proposals on them individually, their local areas or on the FCA as a whole" with less than a month until the deadline for feedback.