Commons committee to focus on pensions advice as accountants are questioned over role in collapsePartners from PricewaterhouseCoopers will be questioned by the work and pensions committee on Wednesday approximately the accounting firm’s role in the collapse of Carillion,with PwC accused of attempting to “milk the Carillion cow dry”.
The committee said the correspondence between the Pensions Regulator and Carillion exposed the regulator’s weak position and the key role played by PwC. Most of the regulator’s negotiations were conducted via PwC, which advised Carillion’s directors on managing their pensions liabilities from 2012 to 2017. Continue reading...
Source: guardian.co.uk