Technology: KPMG to cut 65 UK partners: FT - - PressFrom - Canada
  •   
  •   
  •   

Technology KPMG to cut 65 UK partners: FT

09:05  04 november  2019
09:05  04 november  2019 Source:   reuters.com

RRSP Investors: Retire Rich With These Dividend Stocks

RRSP Investors: Retire Rich With These Dividend Stocks Here’s why you might want to buy undervalued Brookfield Property Partners L.P. (TSX:BPY.UN)(NASDAQ:BPY) and U.S. dividend stocks in your RRSP. For instance, Johnson & Johnson and Simon Property Group are undervalued stocks that offer yields of 3% and 5.6%, respectively. Investors should research further to determine if the stocks make a good fit for their dividend portfolios. 5 TSX Stocks for Building Wealth After 50 BRAND NEW! For a limited time, The Motley Fool Canada is giving away an urgent new investment report outlining our 5 favourite stocks for investors over 50.

(Reuters) - KPMG plans to cut about 65 of its 635 UK partners by Christmas following a review of individual performance The chairman of the accounting firm, Bill Michael, told partners at a recent "road show" that the company would take a harsher approach to managing performance, FT https

KPMG plans to cut about 65 of its 635 UK partners by Christmas following a review of individual performance, the Financial Times reported on Sunday, citing The cuts will affect the partners across KPMG ’s business, and the firm’s audit practice is least likely to see departures, the newspaper added.

a close up of a sign: Logo of KPMG is seen at VivaTech fair in Paris © Reuters/CHARLES PLATIAU Logo of KPMG is seen at VivaTech fair in Paris

(Reuters) - KPMG plans to cut about 65 of its 635 UK partners by Christmas following a review of individual performance, the Financial Times reported on Sunday, citing two people familiar with the matter.

The chairman of the accounting firm, Bill Michael, told partners at a recent "road show" that the company would take a harsher approach to managing performance, FT https://on.ft.com/36wKmnm reported.

The cuts will affect the partners across KPMG's business, and the firm's audit practice is least likely to see departures, the newspaper added.

KPMG was not immediately available to a Reuters request for comment.

KPMG has been investigated by Britain's accounting watchdog Financial Reporting Council (FRC) over its audit of collapsed construction company Carillion and motor vehicles insurer Equity Syndicate Management Ltd.

The FRC has substantially increased fines on accounting firms, partly to meet criticism from parliament that it was too timid with KPMG, EY, Deloitte and PwC, known as the "Big Four".

(Reporting by Aakriti Bhalla in Bengaluru; Editing by Peter Cooney)

Prince Andrew Could Be ‘Canceled’ Under King Charles .
Prince Andrew has always been his mother’s favorite child, and the defiant messaging on Monday was that he retained the full confidence of the monarch. A senior royal source told the Evening Standard: “His Royal Highness has the backing of the Queen and his close family, they believe in him totally and think he has shown strength for telling the truth and admitting errors he has made. There is no question of him being ordered to reduce his duties. He wants to get on with his job. He has told the truth, in detail.

—   Share news in the SOC. Networks

Topical videos:

usr: 27
This is interesting!