PwC

Funds management

Dealmakers cautiously optimistic on asset and wealth management M&A

Deal values for APAC asset and wealth management companies surged 76 per cent in 2024 to almost $100 billion, according to PwC, while three factors are driving growth for...

Funds management

Reinvention critical for success in next decade

Some 42 per cent of CEOs say they are actively reinventing their business to stay relevant in the next decade, with consumer services the most common choice for asset and...

Funds management

Asset managers vie for slice of robo-advice pie

Asset managers are seeking out acquisitions and strategic partnerships in the area of technology and robo-advice to benefit from an evolving wealth management landscape a...

Funds management

Diversification demands drive managers to build out asset classes

PwC suggests asset managers are accelerating plans to build out their asset classes, supported by mergers and strategic partnerships, to capitalise on clients' diversific...

Financial planning

Wealth managers failing to capture mass affluent clients

Far too few wealth managers are capitalising on the opportunity presented by disruptive technology to deliver personalised investment solutions to the mass affluent demog...

Funds management

‘Cashed up and confident’: Financial services M&A fiercely competitive

Mergers and acquisitions in the Australian financial services industry are expected to continue surging, with M&A leaders looking to double the number of deals they are p...

Funds management

Directors risking unintentional greenwashing by avoiding ESG obligations

Failure to meet ESG compliance obligations can leave financial services directors walking a tightrope of risk, according to PwC, as ASIC urges firms to prepare for climat...

People & Products

Disgraced former PwC partner receives eight-year ban

The former tax partner at PricewaterhouseCoopers who disclosed confidential information has been formally banned for eight years from providing financial services by ASIC...

Policy & Regulation

Treasury announces extreme crackdown on tax advisers

The Treasury has announced the “biggest crackdown on tax adviser misconduct in Australian history” which could see maximum fines for advisers who promote tax exploitation...

Funds management

Asset manager M&A on the rise: PwC

Driven by the desire to access new segments, build market share, and diversify product offerings, there is a resurgence in M&A and partnerships among asset managers, acco...

Funds management

APAC ETF AUM poised to reach $2.5tn by 2027: PwC

A global survey of more than 70 ETF executives has recorded massive optimism for the market and the “untapped potential” it offers investors....

Policy & Regulation

Former PwC partner de-registered after confidential law disclosure

A former tax partner at PricewaterhouseCoopers has been de-registered as a tax agent for integrity breaches after disclosing details of confidential law reforms....

Superannuation

Robo-advice a risk for super funds

Superannuation funds will need to balance the risks of fully automated robo-advice in their governance frameworks as the world heads down the road of artificial intellige...