FRC

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.

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.

FTSE 350 companies are failing to disclose to stakeholders a range of important data about their defined benefit (DB) obligations, a Lincoln Pensions study finds.

This week's top stories included coverage of the Treasury Committee's report on household finances, which outlined a series of proposed incremental changes.

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.