Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

RSM Tenon dumps PwC as auditor as inquiry rumbles on

RSM Tenon dumps PwC as auditor as inquiry rumbles on

Troubled financial services group RSM Tenon has officially dumped PricewaterhouseCoopers (PwC) as the legal battle over its accounts continues.

In April it emerged PwC was facing inquiry into the auditing of RSM's accounts, and at a meeting RSM investors voted to let go of the consultancy until the investigation was over.

The inquiry into PwC's auditing came after RSM found 'blackholes' in its accounts.

'The board has considered whether to hold an audit tender process this financial year. Since then the board has decided to start this process,' RSM, which is chaired by Tim Ingram (pictured), announced.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Brewin's Gutteridge: the opportunities in UK challenger banks

Brewin's Gutteridge: the opportunities in UK challenger banks

In this week's podcast, Brewin Dolphin's Ben Gutteridge and Guy Foster, discuss opportunities in the global financials sector with Aptus' Johnny De La Hey.

Play Charles Tan on Woodford & hidden trust income gems

Charles Tan on Woodford & hidden trust income gems

Cantor Fitzgerald investment company analyst Charles Tan discusses Woodford Patient Capital and some of the income trusts slipping under the radar.  

Brewin's Foster: the world’s most unconventional monetary policies

Brewin's Foster: the world’s most unconventional monetary policies

In this week's podcast, Guy Foster asks why the world’s biggest economies are pursuing some of the world’s most unconventional monetary policies. 

Your Business: Cover Star Club

Profile: how Close Brothers gave power back to the regions

Profile: how Close Brothers gave power back to the regions

Almost a year into the role, Close Brothers Asset Management head of wealth management Andy Cumming has highlighted three keys areas of focus

Wealth Manager on Twitter