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FCA presses ahead with plan to end bonuses as new pay deal revealed
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fnlondon.comStaff at the City watchdog will no longer be paid bonuses as it announces an overhaul to how its 4,000-strong workforce is rewarded.
After months of internal wrangling, the Financial Conduct Authority published sweeping changes to grading, pay structure and benefits on 1 March, pressing ahead with plans to axe the discretionary bonuses that had previously been paid to the vast majority of employees.
"I...
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