KPMG

KPMG analysis of over 100,000 member records reveals the most common administration failings and how they are increasing fund liabilities by up to 5%.

With proposed new measures relating to non-UK domiciled individuals (non-doms) due for release by HMRC on 14 June 2011, accountancy firm KPMG is urging non-doms to give thought to their UK investment strategies sooner rather than later.

KPMG, PwC, Deloitte and Ernst & Young have offered to reform the way they operate ahead of what is expected to be a highly critical report on their role in the financial crisis and lack of competition in the sector.

The Investment Management Association (IMA) has confirmed it is leading efforts to shore up troubled Keydata-backer Lifemark, as part of a bid to recoup the fund management sector's £233m FSCS bill.

A group of 700 Keydata SLS investors have raised the hundreds of thousands of pounds needed to escalate a legal case for compensation against the biggest names in global finance.

Rachel Hanger, partner in KPMG's investment management & funds practice, explains the new UCITS IV legislation.

Thousands of investors in Keydata plans backed by Lifemark are facing another setback in their bid for compensation after the administrator says he is "really questioning" the quality of traded life policies (TLP).

Former Lifemark director Stewart Ford has launched a scathing attack on the FSA in a letter to Financial Secretary to the Treasury Mark Hoban, asking him to "intervene urgently" in the financial restructuring of the troubled fund.

'Big Four' accountancy firm KPMG is being investigated over commissions paid during ten years of BAE Systems audits.

The heads of the "Big Four" accountancy firms must defend themselves to a House of Lords committee investigating their role in the recent financial crisis.