Leadership & management

Insight / Auto enrolment pensions will not provide adequate retirement income, warns ABI

The number of employees signed up to auto enrolment pensions has hit 7.5m but the low level of contributions by employees and employers is still too small to provide adequate future pension cover

Insight / Apprenticeships: advice for accountancy firms

Accountancy firms should take advantage of apprentices as a cost-effective alternative to hiring entry-level staff. Rachel Taylor, employer engagement manager with apprenticeship provider Step Forward provides tips and advice for accountancy firms when taking on apprentices

Tax / Edward Troup retires as HMRC executive chair

HMRC’s executive chair and first permanent secretary, Edward Troup, has announced plans to retire after working for the tax authority for five years, officially departing on 31 December 2017

Tax / Microsoft IT head hired to lead HMRC’s digital transformation

A year-long recruitment process has resulted in HMRC appointing Jacky Wright, Microsoft’s corporate vice president, as chief digital and information officer to oversee the tax authority’s digital transformation, taking over from interim Mike Potter

Insight / People in the news: Moore Stephens Intl, ICAS, BDO, PwC, Quantuma, MHA Carpenter Box

In this week’s moves and appointments roundup, ICAS chief executive steps down to join Moore Stephens International, new trainees at BDO, Creasys and MHA Carpenter Box, Quantuma hires insolvency specialist and Ian Kenyon named first CFO of new UK Research and Innovation body

Insight / ICAEW launches business and finance professional (BFP) designation

ICAEW has unveiled a new professional designation for individuals who want to pursue a career in business and whose role involves an element of finance related work, called the ICAEW business and finance professional (BFP)

Insight / Jon Davies Accountants sets up Liverpool practice

Established Merseyside accountant Jon Davies has set up an accounting practice based in Liverpool, with a team of four senior client managers

Insight / Nurturing ambition in finance - tips and advice

Informing employees on promotion timelines, giving them recognition for their accomplishments and providing training are all things employers can do to ensure they attract and retain the most ambitious individuals, says Karen Young, director at Hays Senior Finance

Insight / Farnell: when is an accountant not an ‘accountant’?

Hiring an accountant is not always as transparent as one might think as anyone can say they are an accountant, regardless of whether they have specific institute endorsed qualifications. Sean Farnell, partner at Burgis & Bullock, says it is high time this shoddy state of affairs was reviewed and calls for tighter controls on who can call themselves an accountant

Insight / EY posts global revenues of $31.4bn

EY has announced combined global revenues of $31.4bn (£24.3bn) for the financial year ended 30 June 2017, marking a seventh year of growth, with digital services, business advisory and capital transactions fuelling double-digit growth in its advisory and transactions businesses

Insight / GDPR: what does it mean for businesses?

Next May, the General Data Protection Regulation (GDPR) will come into force, across the EU including the UK, and will be a game-changer in how organisations store, secure and manage personal data, says Ian Kilpatrick, executive VP cyber security for Nuvias Group

Insight / People in the news: KPMG, Carter Backer Winter, Milsted Langdon FS

In this week’s moves and appointments roundup, KPMG announces the lead for its commercial mobility function, CBW expands its tax team in London, Milsted Langdon Financial Services has a new wealth management adviser, and Ferguson Litigation Funding has a new business development and client care specialist onboard

Insight / Majority of accounting firm bosses rated 'good' or 'excellent'

A survey of UK bosses found that 61% of those working in professional services including accounting and law firms are positive about their bosses although one in 10 (9%) were slated as 'poor' managers, showing that bad management habits still pervade certain firms, although accountants were some of the best performing managers

Insight / Rathbones pulls out of Smith & Williamson merger talks

Talks over a proposed £2bn merger between fund management firm Rathbone Brothers and Smith & Williamson have ended with no deal struck, reports Calum Fuller

Insight / Tips and advice on how to deal with complaints

Although customer complaints can come as a surprise, it is important to remain calm throughout the process, explains Gemma Carson, head of dispute resolution at law firm Wright Hassall, while providing advice on how accountants can deal with complaints effectively