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Financial Reporting Council Updates Position on Capital Restructuring at UK Audit Firms

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  • Post published:25/03/2025
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The update to the letter, originally issued in September 2024, provides further clarity on the FRC's position amid continued market interest in this topic.In the updated letter, the FRC reaffirms…

Continue ReadingFinancial Reporting Council Updates Position on Capital Restructuring at UK Audit Firms

Pension schemes representing nine in 10 DC savers invest in productive assets, new data shows

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  • Post published:25/03/2025
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Almost nine in 10 defined contribution (DC) savers are in schemes which invest in at least one productive asset class, The Pensions Regulator’s (TPR) latest research shows.TPR’s survey data shows…

Continue ReadingPension schemes representing nine in 10 DC savers invest in productive assets, new data shows

Sanctions against PricewaterhouseCoopers LLP and Jonathan Hinchliffe

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  • Post published:25/03/2025
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This Press Notice concerns the outcome of an investigation into the relevant Statutory Auditor(s) and/or Statutory Audit Firm(s)[1]. It would not be fair to treat any part of this announcement…

Continue ReadingSanctions against PricewaterhouseCoopers LLP and Jonathan Hinchliffe

FCA outlines next steps on Consumer Duty rule review 25/03/2025

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  • Post published:25/03/2025
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In an action plan released today, we have outlined proposals to review our expectations for mortgages and lending, and to explore how we can simplify communications about savings accounts. We…

Continue ReadingFCA outlines next steps on Consumer Duty rule review 25/03/2025

FCA launches 5-year strategy to support growth and improve lives 25/03/2025

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  • Post published:25/03/2025
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The FCA has launched a new 5-year strategy to deepen trust, rebalance risk, support growth and improve lives. Our strategy: 2025 to 2030The FCA will focus on 4 priorities:Be a…

Continue ReadingFCA launches 5-year strategy to support growth and improve lives 25/03/2025
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