Three accounting bodies have published specific Covid-19 guidance for the compilation of pension scheme accounts, recognising that “it can’t be business as usual”.
The Financial Reporting Council (FRC) has launched a revised stewardship code – significantly raising its expectations on how money is invested.
The Institute and Faculty of Actuaries (IFoA) has launched a monitoring scheme in a bid to improve the effectiveness of actuarial regulation and promote ongoing improvement across the profession.
Pension fund investors could face further disclosure requirements on ESG matters as an industry working group considers fresh law for trustees for as soon as next year.
The Universities Superannuation Scheme (USS) allegedly obstructed a whistleblower as she tried to discover the true value of the deficit in its defined benefit (DB) section, according to reports.
The government has launched a consultation on scrapping the Financial Reporting Council (FRC) following two separate reviews.
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.
The Financial Reporting Council (FRC) has published a code for the corporate governance of large private companies in a bid to help them meet incoming legal requirements.
This week's top stories included KPMG facing a disciplinary tribunal over its work in the Silentnight pensions case, and a proposal for simplified defined benefit structures
KPMG and partner David Costley-Wood have been accused of deliberately providing untrue, misleading or materially incomplete pensions information during the Silentnight saga.
"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.
The Financial Reporting Council (FRC) has found weaknesses in nearly half of the audit work relating to pension valuations and disclosures it inspected over the past financial year.
The Financial Reporting Council (FRC) has unveiled the 2018 version of its UK corporate governance code, setting out how it believes companies should approach relationships with shareholders, including pension schemes.
The Financial Reporting Council (FRC) has named Mike Suffield as acting executive director of audit and actuarial regulation.
A damning report on the pre-sale audit of BHS is set to be published after the High Court last week refused to meet Sir Philip Green's wish to gag the Financial Reporting Council (FRC).
Handing the pensions watchdog extra powers will not be enough without a significant overhaul of its culture and reputation, according to a damning report. Stephanie Baxter considers the criticisms
The Financial Reporting Council (FRC) is seeking three pension funds to join a new investor advisory group to aid its understanding of key areas of concerns and risks.
This week's top stories included reports that chancellor Philip Hammond is considering cutting higher-rate tax relief in the Autumn Budget, while the Court of Appeal ruled IBM had the right to impose a cap on increases in pensionable pay.
The Financial Reporting Council (FRC) has extended the scope of its investigation into the conduct of individuals who oversaw the three Coats Group defined benefit (DB) schemes.
The Financial Reporting Council (FRC) will seek to improve corporate reporting by undertaking a review of pension fund disclosure in year-end reports.
IAS 19 is the accounting standard many sponsors use to make disclosures about their defined benefit schemes in their records. But a report from Lincoln Pensions argues IAS 19 is not good enough. Michael Klimes investigates.
The Financial Reporting Council (FRC) has launched investigations into the conduct of a number of individuals involved with various Guinness Peat pension schemes between 2004 and 2012.
The Financial Reporting Council (FRC) is proposing changes to FRS102 in response to concerns that the revised UK accounting standard is not cost effective.
KPMG is being investigated for its role in ensuring BNY Mellon complied with rules designed to protect client assets after the bank was found to have breached them.