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KPMG has also since sold its restructuring business as Big Four look to reduce potential conflicts

Professional Services Correspondent

KPMG UK made £115m from the sale of its pension business in a private equity-backed management buyout last year, its latest accounts have revealed.

Twenty partners and some 500 staff transferred to the new business, 

, in March 2020 following the sale backed by Exponent Private Equity.

KPMG UK books £115m profit from pensions business sale

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

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The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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