Leadership & management

Insight / People in their 40s will have to work until 68

The pension age is set to hit 68 within 20 years as the government sets out a new timetable for retirement dates with those in their early forties likely to be hard hit

Insight / KPMG latest signatory to Women in Finance charter

KPMG is amongst a cohort of financial services firms to sign up to the Treasury’s Women in Finance Charter, leaving Deloitte as the only one of the Big Four not to have made a public commitment to four industry actions in order to increase female representation

Tax / Jane Ellison back at Treasury after losing seat as MP

Jane Ellison, former Conservative MP for Battersea and ex Treasury financial secretary, who lost her seat in last month’s general election, has been hired as a special adviser in the Treasury

Insight / Minister calls for more firms to sign Women in Finance Charter

More financial services and accounting firms need to sign up to the Women in Finance Charter and end the practice of encouraging a work environment where women are underpaid, underrepresented and undervalued, says City minister

Insight / People in the news: Smith Cooper, JW Hinks, Deloitte

This week's news of professional moves in the sector include 57 partner promotions at Deloitte. insolvency manager promotion at Smith Cooper, JW Hinks announces three senior promotions, and Russell Brennan Keane appoints two partners 

Insight / PwC’s gender pay gap data shows big bonus differential

PwC has published its gender pay gap, becoming the largest employer and first professional services firm to report under new legislation which came into force in April this year, with the results showing a significant difference in male and female bonus payments

Tax / Changes at the top for Crowe Clark Whitehill

Managing partner of Crowe Clark Whitehill’s London office Nigel Bostock is set to become the firm’s chief executive as current incumbent David Mellor hands over the reins

Audit / Editor's comment: ethics takes back seat in eyes of audit inspectors

The opaque world of limited liability partnerships may be set for a period of greater scrutiny with a spate of audit scandals rocking firms and a fairly dismissal level of adherence to acceptable ethical standards in the latest audit quality inspection (AQI) round, says Sara White, editor of Accountancy

Insight / FCA to tighten up rules on pension transfers advice

The Financial Conduct Authority (FCA) is consulting on proposals to tighten up the rules on provision of advice relating to pension transfers where consumers have safeguarded benefits, primarily for transfers from defined benefit to defined contribution pension schemes

Tax / Tax staff awarded in Queen’s Birthday Honours

Senior tax collectors have picked up gongs in the Queen’s Birthday Honours while a Treasury permanent secretary is knighted and a number of accountants have been recognised for their contributions to mental health and communities

Tax / Tax avoidance: distributions, dividends and anti-phoenixing rules

In HMRC's ever growing arsenal of anti-avoidance measures, the targeted anti avoidance rule (TAAR) can only apply if the taxpayer is liquidating and not selling their business, explains Pete Miller, director of The Miller Partnership, but advisers and businesses need to make sure they understand the potential tax liability of capital distributions

Tax / 3% of MPs are accountants

Out of the 650 MPs elected on 8 June as part of the general election, 20 of the successful candidates (3%) have an accounting background, with 51 accountants running in the election overall

Insight / Time management: getting to grips with the basics

Time management has become something of a pseudoscience with books, courses and to-do lists to enable us to organise our time better, but the irony is this all requires time. Gudrun Limbrick, lead consultant at WordWorks, looks at the effectiveness of time management and provides some handy tips on getting your work life under control

Insight / Female leadership encourages women on boards

Gender diversity is being led from the top according to research by Deloitte, which found that companies with a female CEO or board chair have almost twice as many women on the board as companies led by men

Tax / HMRC replaces Jennie Granger with interim business tax head

After a raft of senior departures from HMRC, two temporary director generals have been appointed to replace Jennie Granger and Ruth Owen at the tax authority on an interim basis, taking over responsibility for the critical portfolios of business tax, Making Tax Digital and compliance, and customer services, although neither are permanent appointments
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