Turner concedes MAS chief's pay too high

June 2012
Money Marketing;6/28/2012, p13
The article reports on the admission of Lord Turner, chairman of the Financial Services Authority (FSA), that the British regulator set a high remuneration package for Tony Hobman, chief executive officer at Money Advice Service. It discusses the FSA contract of Hobman from 2010-2012 that will pay him an annual income of 364,000 British pounds which includes a performance bonus, cash benefit and retirement fund contribution.


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