The Pensions and Lifetime Savings Association (PLSA) has set up a taskforce to tackle the problems facing defined benefit (DB) pension schemes, which are held by up to 16m UK employees, including scheme funding issues and changing regulatory requirements

Against a backdrop of falling oil prices and uncertainty over the UK referendum on EU membership, the accounting regulator, the Financial Reporting Council (FRC) has issued a reminder to company reporters about how to deal with elevated risk disclosures in their annual reports and accounts

Bolton Wanderers has announced that it has been granted a third and final adjournment of 14 days by the High Court in respect of the winding up petition brought by HMRC over an unpaid bill for £2.2m in tax and VAT at the football club

Top executives at banks and financial institutions, including CEOs and chairs of audit committees, are to face much stricter levels of accountability with the introduction of a new Senior Managers Regime governed by the Prudential Regulation Authority (PRA), which introduces a criminal offence for senior managers in the event of the failure of a major institution

KPMG is supporting BHS in its efforts to agree company voluntary arrangement (CVA) proposals in a bid to stave off administration at the beleaguered high street retail chain, which has been hit by high rents and a pensions black hole, putting unsecured creditors at risk of losing £1.3bn

A tax avoidance scheme used by Stagecoach Group to cut their tax bill by £11m has been stopped in its tracks according to a First Tier Tribunal (FTT) relating to a tax case heard last July, reports Sara White

In the move to a purely digital tax environment for businesses, HMRC has released a YouTube video outlining how digital tax accounts will work when they are introduced for all small to medium sized businesses from April 2018

UK businesses of all sizes are largely in favour of remaining in the EU, but few have considered the practical implications of a 'Brexit' with two thirds of companies unprepared for a vote to leave, finds research from Grant Thornton

In the latest career moves at accountancy firms, PKF Littlejohn hires assurance partner, promotions at Mitchell Charlesworth, pensions boost for PwC team, Menzies expands VAT expertise and ATT retirement sees appointment of executive director

The National Audit Office (NAO) is appealing for businesses and civil society organisations to take part in a consultation on reducing regulation, which closes next week

The Scottish government has announced that, for the first time, more women than men were appointed to the boards of regulated public bodies in 2015, with 54% of all appointees being female although overall representation is much lower across boards generally

Finance Mole struggles with a resolution to become the healthiest bod in finance as he falls prey to the minibar on a finance team trip to head office