International Accounting Standards Board chairman Hans Hoogervorst has admitted weaknesses in accounting standards allowed banks to hide losses and front-load profits in the run up to the financial crisis.
Hoogervorst told the Parliamentary Commission on Banking Standards Joint Committee that changes to the rules would mean banks would have to provide between 30% and 100% more than at present against expected...
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.