Low governance levels among companies could lead to the next financial crisis, Treasury financial services secretary Paul Myners says.
He said the government has had to intervene and take a lead in remuneration and risk management, as asset owners have left governance in the hands of inexperienced employees. He added: "There was effectively...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.