F&C UK High Income - Change of auditor

  • As explained in the Company's annual report and accounts for the year ended 31 March 2017, in accordance with new EU legislation in relation to audit rotation and the provision of non-audit services, the Board put the audit appointment out to tender. As the Board wished to retain Ernst & Young LLP ("EY") as tax advisers, EY could not therefore also provide audit services and did not participate in the tender.

    Following this process, the Board proposed that Deloitte LLP be appointed as auditors to the Company.

    At the annual general meeting held on 29 June 2017 shareholders voted in favour of this appointment. Deloitte LLP will therefore carry out the audit for the year to 31 March 2018.

    You can download the Statement of Compliance from EY in connection with it ceasing to hold office as the Company's auditor by clicking the PDF (Change of auditor) on the ride hand side of this page.

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