Pension scheme trustees are relying too much on their advisers to give a holistic view of any governance challenges their scheme may be facing, says RSM.
KPMG has confirmed it has entered into exclusive talks with Exponent Private Equity to sell its pensions advisory unit.
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 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.
Work and Pensions Committee (WPC) chairman Frank Field will continue his probe of former BHS owner Sir Philip Green as he prepares to meet Insolvency Service chief executive Sarah Albon later this month.
Smith and Williamson's pensions assurance team has been appointed to the Pension Protection Fund's (PPF) updated audit services panel.
"Defective" company audits could mean millions of savers in pensions funds are "losing out", says the Competition and Markets Authority (CMA) as it launches a probe of the audit sector.
Four trustees of Pakistan International Airlines' Retirement and Death Benefits Plan have been fined £500 each by the regulator for failing to audit accounts on time for two years in a row.