An investor group has called on the UK Competition Commission (CC) to introduce mandatory audit rotation in its final report on the market.
Ten institutional investors and shareholder associations, representing assets of £600bn, warned against "the potential watering down of much-needed reforms". In July, the CC published preliminary measures...
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.