The Financial Reporting Council (FRC) should be abolished and audit and advisory businesses should be split into separate entities to improve the sector for both savers and investors, two reports published today say.
A Competition and Markets Authority (CMA) review of the audit sector proposed a number of reforms to improve competition and increase capacity in the audit market. The watchdog proposals include separating...
A lost tourist asks a local for directions and gets the reply: “Well, if I were you, I wouldn’t start from here.
UKSIF says scheme trustees are failing to comply with their investment duties around ESG. Hope William-Smith looks at whether they need government intervention to get back on track.
By improving their stewardship activity and collaborating together, schemes can reduce the burden on resources, says Lauren Peacock.
This week’s top stories included The Pensions Regulator’s announcement of new measures around the appointment of professional trustees, and the £3bn Merchant Navy Officers Pension Fund completing a £1.6bn buy-in with Pension Insurance Corporation.
Guy Opperman has held onto his role as minister for pensions and financial inclusion after an action-packed cabinet reshuffle yesterday.