Partners at accountancy firm KPMG have overtaken those at PwC to become the second best paid out of the "big four".
Distributable profits per partner reached an average of £880,000 in the year ending 30th September 2025 - representing an 11% year-on-year rise.
The increase, The Times reports, puts KPMG's average partner pay above that of EY partners - £787,000 - and that of PwC partners - £865,000.
Deloitte partners remain the highest paid though, earning more than £1million a year on average.
The latest figures were revealed in KPMG's first annual results published since it merged its UK and Swiss arms in October 2024, with reported revenue up from £2.99billion to £3.6billion.
Overall pre-tax profits were also up 14% at £576million, with the company advising it would be increasing colleague bonuses by 18% and supporting more promotions.
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