Insights
The latest knowledge, ideas
and experiences driving our work
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Intermediaries – the huge benefits of internal audit
1min read
Why should you consider an internal audit function? We explain.
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Why organisational culture matters: a new approach to EDI
1min read
Equality, Diversity and Inclusion (EDI) is not just about box ticking. Nick Borzenko explains why the insurance sector cannot succeed without it.
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A catch-up with…
1min read
Renewable energy is a key growth sector for the UK with the government committed to investment. To better understand the sector, we spoke to three leaders from three different-facing renewables businesses to bring you their perspectives.
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A rare double!
1min read
Steve Cliff was part of our Tax team for seven years. In this interview, Steve picks out the highlights of his eventful career.
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Landlords and self-employed businesses – getting ready for Making Tax Digital
1min read
Sole traders and many landlords will need to move to quarterly digital reporting from April 2024. Find out how to prepare yourself for Making Tax Digital (MTD)
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Administrators appointed at North Airdrie Credit Union
1min read
Dina Devalia and James Sleight of PKF Geoffrey Martin & Co Limited were appointed as Joint Administrators of North Airdrie Credit Union Limited (NACU) on 16 December 2019. The Financial Services Compensation Scheme (FSCS) has also declared the credit union in default, which…
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Administrators appointed at Mercat Cross and The Bruce Credit Union Limited
1min read
Dina Devalia and James Sleight of PKF Geoffrey Martin & Co Limited have been appointed as Joint Administrators of Mercat Cross and The Bruce Credit Union Limited. The Financial Services Compensation Scheme (FSCS) has also declared the credit union in default, which means…
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Broking Business Winter 2019/2020: Beware off-payroll tax changes
1min read
Many insurance brokers are likely to be affected by new rules for employment status workers hired via an intermediary. The Government is to review these changes, which may delay their scheduled introduction in April. Whichever way, Chris Riley explains how to prepare. Consultants…
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Broking Business Winter 2019/2020: Nearly 18 months on where are we with IDD?
1min read
Since its introduction in October 2018, the Insurance Distribution Directive (IDD) is proving more difficult to implement that expected. David Allison of Compliance Management Services reports on the sticking points. After an unprecedented delay of eight months from its original effective date, IDD…
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Broking Business Winter 2019/2020: Why adequate financial resources matter
1min read
In June 2019 the FCA published its consultation paper CP19/20 ‘Assessing Adequate Financial Resources’. It explains the importance of financial resources In helping firms to minimise harm and risk, how to assess these internally and what to expect from the FCA’s assessment. Paul…
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Broking Business Winter 2019/2020: Taxes after Brexit
1min read
Even assuming an EU:UK Trade Agreement comes into force on 31 December 2020, the insurance sector is unlikely to benefit. Howard Jones explains why setting up a NewBro is the best solution to keep control of corporation tax and VAT. Britain left the…
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Broking Business Winter 2019/2020: SMCR – It’s here
1min read
The Senior Managers & Certification Regime (SM&CR) came into effect on 9 December and affects all insurance intermediaries. Samiha Shaikh, Senior Manager at PKF Littlejohn provides a checklist that will keep you in line with the specifications. The document’s key objectives are to…
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Broking Business: Winter 2019/20
1min read
Welcome to the latest edition of Broking Business. There is probably no-one in the country who has not felt confused over Brexit at some stage since the 2016 referendum. Even after 31 January, many businesses remain unsure what to expect. An EU:UK Trade…
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Capital Quarter Winter 2019/2020: IFRS 16 Leases: what you need to know
1min read
As we come to the end of the first accounting period for the new standard, Imogen Massey provides a quick guide for mining companies. The new lease accounting standard, IFRS 16, came into effect on 1 January 2019 and many companies will already…
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Capital Quarter Winter 2019/2020: Reverse acquisitions get a fast-track listing
1min read
The accounting treatment of a reverse acquisition by a listed company can be complicated. John Black outlines the key considerations for operating companies obtaining a listing this way. A reverse acquisition is said to have occurred when the entity that issues securities (the…
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Capital Quarter Winter 2019/2020: Modernise to thrive
1min read
Consumer attitudes to mining have changed. In difficult times, what do companies need to do to win back trust and remain successful? Adam Humphreys considers the options. The mining and metals sector is recovering from one of its most difficult periods in recent…
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Capital Quarter Winter 2019/2020: Beware off-payroll tax changes
1min read
Mining businesses will be affected by new rules for employment status workers hired via an intermediary. Chris Riley explains how to prepare for April 2020. Consultants who provide advice to a business are a feature of all sectors. But for many years governments…
