The Financial Reporting Council (FRC) is proposing changes to FRS102 in response to concerns that the revised UK accounting standard is not cost effective.
The draft amendments published today for consultation include making limited improvements to FRS102 for retirement benefit plans and financial institutions. The proposals are aimed at simplifying the...
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.