Tag Archives: Andrew Bailey

BOE pins LDI crisis on the “obscurity” of small DB funds.

Yesterday I reported on BOE +PRA batting for the pensioner against Government – batting for insured buy-out. That discussion was played out in front of parliament’s Treasury Committee on Monday and that same meeting – part of an inquiry into … Continue reading

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Was Andrew Bailey just the wrong man for the FCA job?

Nearly five years after the event, the former CEO of the FCA Andrew Bailey was called to the Public Accounts Committee to answer questions on the FCA’s unpreparedness for what is now known as the British Steel mis-selling scandal. You … Continue reading

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The balls of Old Bailey

NEW: Bank of England Governor Andrew Bailey, is expected to appear before an MP inquiry into the British Steel #pension mis-selling scandal. Bailey was chief of the FCA when the scandal involving thousands of steelworkers first erupted in 2017. #BSPS … Continue reading

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Asleep in a meeting? The FCA’s new consumer duty starts at the top.

  I have no reason to doubt Al Rush of Philippa Hann’s account of a 2019 meeting with then FCA boss’ Andrew Bailey. Al claims that “there were a number of times when his [Bailey] head dropped and he had … Continue reading

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