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 so-called ‘big four' will need to set up separate management, accounts and remuneration; appoint a separate chief executive and board; separate financial statements; and, end profit-sharing between...
Could see costs "ramp up"
'Life now seems a lot more fragile than it once was'
Under 30 complaints for advice firms
The government has launched a review into the UK funds regime in a bid to ensure the ongoing competitiveness and sustainability of the sector.
Industry experts weigh in
Engage with followers
Revisiting the portfolio debate
Health and wellbeing focus
'Shortcut to rationality'