FCA boss sees salary rise to £460,000

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Financial Conduct Authority (FCA) chief executive Martin Wheatley saw his basic salary increase £30,000 to £460,000 in 2014.

The figure was revealed in the FCA's annual report for 2013/14 which was published today. He also received £109,000 (2013: £112,000) in relation to the provision of a car and driver.

The report also examines some of the key pieces of work undertaken by the FCA in its first twelve months of existence.

General insurance
This includes the regulator's work on the activity of

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