Financial Services

Australia has a sophisticated financial services sector, boasts a comparatively strong economy and is well positioned as a financial hub in the world's fastest growing region.

Australia has a sophisticated financial services sector, boasts a comparatively strong economy and is well positioned as a financial hub in the world's fastest growing region. Yet the sector faces unprecedented challenges, many of which stem from the global financial crisis. The pace of growth has slowed, trust has been eroded – particularly in international markets – and the sector is in a rebuilding phase that will likely continue for some years. Every financial services organisation faces the challenge of re-engaging customers, increasing profitability and identifying opportunities for growth in Australia and globally. That's the work PwC is doing right now.

Our teams work across all segments of financial services – commercial banks, non-bank lenders, investment banks, insurers, superannuation funds, asset managers, infrastructure and private equity investors, property groups, advisers and regulators. We operate at a global level to match our clients’ businesses, working with Australian financial services organisations with international operations, and international organisations with operations in Australia.

We have large multi-disciplinary teams who work across all aspects of financial services. Our team members are experts with local and global experience in assurance, tax, strategic advice, transactions, and consulting.

Our approach is to stand in our clients' shoes and work with them to strengthen their business and their brands.

We are passionate about our work with the financial services sector, seeing it as an opportunity to contribute both to our clients' success and to the integrity of Australia's financial system.

PwC's Insurance Facts and Figures - May 2016

The insurance industry is as competitive as ever with all elements grappling with the effects of various drivers of change, including changes in social behaviour, developments in technology, long term low economic growth prospects, volatile weather patterns and events, and a continually evolving political and regulatory environment.

Major Banks Analysis May

Major Banks Analysis May 2016

Blurred lines: How FinTech is shaping Financial Services - 2016

PwC's Global FinTech report, Blurred lines: How FinTech is shaping Financial Services, assesses the rise of new technologies in the financial services (FS) sector and their impact on market players.

Shifting Demands, Competing Priorities: Adjusting to the New Talent Realities in Financial Services

Findings from the report, Shifting Demands, Competing Priorities: Adjusting to the New Talent Realities in Financial Services’, are based on a PwC survey of 490 FS CEOs, and forms part of the firm’s 19th annual Global CEO Survey of over 1,400 CEOs in 83 countries, show FS CEO’s confidence in the prospects for the global economy, their own growth potential and plans for increases in headcounts have all declined since last year’s survey.

XVA explained

Valuation adjustments and their impact on the banking sector.

Improving Australia’s Financial System

First reactions to the Financial System Inquiry

ASFA/PwC CEO Superannuation Survey - Superannuation: Inspiring excellence

The fourth annual ASFA/PwC CEO Superannuation Survey captures the opinions of more than twenty superannuation leaders across a range of topical industry issues.

APRA’s proposed disclosure requirements 2013

10 minutes on…. APRA’s proposed disclosure requirements for the composition of capital

APRA’s proposed remuneration disclosure requirements 2013

10 minutes on…. APRA’s proposed remuneration disclosure requirements for ADIs

Innovating for growth - Major Banks Analysis November 2014

Innovating for growth provides analysis of Australia's four major banks year-end results and insights into what's underpinning performance, what's threatening to disrupt it and how the innovation imperative requires a change of pace.

Project Blue: Assessing the future trends for financial services

The Project Blue framework considers the rise and interconnectivity of emerging markets and state-directed approaches to economic development. It also examines the impact of new technology, demographics, changing customer behaviour and mounting pressure on the world’s most critical natural resources.

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