PwC

Business volumes in financial services were up in the three months to June fueling optimism in the industry, despite an unexpected fall in profitability, according to a survey by the Confederation of British Industry (CBI) and PwC.

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Clients saving more for retirement will cause global assets under management to soar by 2020, PwC has predicted.

Non-residents will have to pay capital gains tax (CGT) on any gains made from residential property sales in the UK from April 2015, George Osborne announced today.

Business volumes in the investment management sector were broadly flat in the three months to September, with growth expectations for the next quarter the weakest since 2011, according to PwC.

PricewaterhouseCoopers (PwC) is being investigated by the Financial Reporting Council (FRC), which is questioning the Big Four accountancy firm's independence during an audit.

Sustainable and well regulated growth in financial services could generate an additional 265,000 jobs and boost GDP by between 2% and 3% by 2020, a report from PwC has found.

Life insurers are much less optimistic about the overall business situation than they were three months ago, according to a report by PricewaterhouseCoopers (PwC) and the Confederation of British Industry (CBI)

TRUST ME

Too much regulation - instead of instilling greater trust in the financial services industry - can have the opposite effect, according to Richard Sexton, reputation and policy director at PricewaterhouseCoopers (PwC).