The Financial Reporting Council (FRC) has hit Mazars with almost £2m in fines and costs for giving bad advice to trustees of the First Quench scheme.
The accountancy watchdog said Mazars, and partner Richard Karmel, had admitted their conduct fell "significantly short of the standards reasonably to be expected". It accepted the misconduct, wh...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
