Pension grumbles over KPMG bonanza

Pension grumbles over KPMG bonanza

At KPMG’s London alumni cocktail party last week, the assembled masses had plenty to talk about. After all, it’s been quite a summer.  The firm survived a life-threatening mauling in the US over tax shelters and has taken the controversial decision to continue its battle with pension fund members over whether said fund was a defined benefit or a defined contribution scheme.

So when Mike Rake revealed the prospect of bumper results, there was plenty of murmuring. If they’re that good, whispered many of those gathered, why not cough up and stop engendering so much bad feeling among the 7,000 members affected?

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource