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Mazars and partner head for tribunal over pensions advice
The Financial Reporting Council's (FRC) executive counsel is
to go to tribunal over a matter concerning the conduct of accounting
mid-tier firm Mazars and the firm's London managing partner Richard
Karmel, in a case relating to a trustee of the First Quench Pension
Fund.
This follows an investigation, first announced by the FRC in
2009, and concerns a proposed replacement of First Quench Retailing
Limited as the sponsoring employer of the First Quench Pension Fund,
and the advice that Mazars and Karmel gave regarding the issue.
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