In a statement, Arthur Levitt, chairman of the SEC, said the time had come for the Commission to act, saying: ‘In recent weeks much progress has been made. The rhetoric has died down and honest ideas have been exchanged.’
He continued: ‘I know some would prefer that the Commission postpone consideration of this issue for six months. While I respect the views of those in Congress and in the profession who believe the SEC should defer its rulemaking, I believe delay will not serve the interests of America’s investors.’
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel