PwC

To remain leading financial centre

Research from PwC

Life expectancy rates falling

Workers believe the tax treatment of pensions is too complex and would welcome switching to a system that treats pensions like ISAs, according to research from PwC.

Stewart Ford is seeking £650m in damages from the financial regulator and administrator PricewaterhouseCoopers (PwC) for "causing" the collapse of Keydata, the investment firm he founded and which attracted almost £500m of investors' capital.

Fears pension providers will struggle under huge inflows of customer requests come 6 April are "well-founded" as too little has been done to address communication processes, according to PwC.

The proliferation and popularity of exchange traded funds (ETFs) is set to continue, with asset growth forecast to reach $50trn by 2020, a report suggests.

UK-based financial services firms have grown at their fastest rate since 2007 and are set for further growth in the coming periods, according to research.

Financial advisers are less trusted by consumers than retail banks but more than fund managers - and their character is the key draw for clients.

UK IFAs are among hundreds of creditors facing severe losses in a £60m property scheme marketed as low risk but "tainted with illegality", according to the firm's liquidators.