Big Four auditors' bias damaging to institutional investors, watchdog warns

clock •

The trend for ‘big four' auditors to focus on management aims of clients rather than shareholder need leads to "significant dissatisfaction" for institutional investors, the Competition Commission says.

Publishing the provisional findings of its statutory audit services market investigation, the CC also said the dominance of the auditors is inhibiting companies from switching providers by limiting...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: Five forces shaping the data centre investment landscape

Partner Insight: Five forces shaping the data centre investment landscape

From AI and cloud demand to power constraints, five structural forces are reshaping data centre investing.

Principal's Global Data Centre Team
clock 28 October 2026 • 6 min read
Mixed concern over tax relief being used as a 'backdoor' to UK investment

Mixed concern over tax relief being used as a 'backdoor' to UK investment

PP survey finds mixed opinion on whether tax relief changes could be used to mandate UK investment

Martin Richmond
clock 27 October 2026 • 2 min read
TPR publishes guidance to help guard against 'hidden' AI portfolio exposure

TPR publishes guidance to help guard against 'hidden' AI portfolio exposure

Regulator publishes new concentration risk guidance as AI embeds in global markets

Alex Levy
clock 22 October 2026 • 2 min read
Trustpilot