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Financial technology company Tumelo has signed a deal with Legal & General Investment Management (LGIM) to enable pass-through voting, in a UK-first for asset managers.

A new café that will teach North Ayrshire pupils “employability skills” has opened in Garnock Valley.

By Stephen Bouvier2021-04-20T14:51:00+01:00 PIRC has recommended shareholders vote against the reappointment of Ernst & Young as auditors of NatWest Group. The corporate governance advisory said in a formal voting recommendation ahead of the NatWest Group annual general meeting next Wednesday that its assessment was based on the audit firm’s approach to the so-called expectations gap in audit. Tim Bush, head of governance and financial analysis at PIRC, said: “The expectations of auditors are very much higher than is pretended. Until these firms recognise that fact, then why should anyo...

By Stephen Bouvier2021-02-08T13:35:00+00:00 An extraordinary war of words has broken out between Pensions & Investment Research Consultants (PIRC) and the International Auditing and Assurance Standards Board (IAASB) over the audit standard setter’s recent consultation on how auditors handle concerns about fraud and going concern. In a sharply worded comment letter on the proposals, PIRC chair Alan MacDougall said PIRC was “minded to recommend that shareholders vote against any accounting firm that does not publicly repudiate the assertions in this document”. He added that any “audit...