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By Stephen Bouvier2021-04-20T14:51:00+01:00 PIRC has recommended shareholders vote against the reappointment of Ernst & Young as auditors of NatWest Group. The corporate governance advisory said in a formal voting recommendation ahead of the NatWest Group annual general meeting next Wednesday that its assessment was based on the audit firm’s approach to the so-called expectations gap in audit. Tim Bush, head of governance and financial analysis at PIRC, said: “The expectations of auditors are very much higher than is pretended. Until these firms recognise that fact, then why should anyone trust them to be able to vote for them?” ....