FINAL APPROVAL has been handed to the ICAEW in its bid to be a regulator of probate services and a licensing authority for alternative business structures.
The Lord Chancellor gave signoff to the institute’s attempt to enable its members to offer a greater range of services, following Legal Services Board approval in December. The lord chancellor’s order will be laid in parliament “in due course”.
Vernon Soare, ICAEW executive director, said: “Today’s decision is great news for consumers looking for probate services who will now be able to use appropriately qualified ICAEW chartered accountants as an alternative to traditional providers.
“Between now and the date when the relevant orders are approved by Parliament, we will be working closely with ICAEW member firms to ensure they have access to the training and support they need to be able to offer these new services to consumers.”
Former chief executive of HMRC Dame Lin Homer has been appointed to the ICAS council as a public interest member
Dame Elish Angiolini appointed as chair of the ICAS Discipline Board, and Lord Wallace of Tankerness appointed to its Regulation Board
The AAT has become the first accountancy body to sign the Women in Finance Charter, which is designed to help achieve gender balance in the financial services industry
Steve Butler of Punter Southall Aspire highlights the importance of pension governance meetings to protect against mistakes and safeguard company reputation