Comfy feet may be the order of the day for the suits at KPMG. While hosting the company’s annual results press conference recently, senior partner Mike Rake was seen sporting a pair of brown suede Hush Puppies – miles from the City-type image he favours. Observers may wonder, why the change of style? Some have speculated KPMG’s top man was making a statement. Now one of the UK’s best paid accountants – Rake earns over £1m, according to the annual report – he might have been embarrassed by the attention. Perhaps he was trying to dress down for the press. Maybe he was trying to impress with his earthiness? It seems not. The man with the tan desert boots was under doctor’s orders. Footsore from improving the firm’s performance, the leader has developed bad feet much in need of a rest from the relentless march to success.
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