Asset Management

The asset management industry is at the heart of Australia's economy

Through compulsory superannuation, it has become the largest aggregator and custodian of the nation's wealth. The industry is now one of Australia's largest industry sectors and is a significant contributor to the local workforce.

As depleted economies globally seek new ways to recover and grow, the industry will take on greater responsibilities. In future, the asset management industry will play a key role in building economic capacity and help Australians to navigate their way towards and through retirement. However, there are many challenges ahead. The pace of regulatory change for the industry is significant, while downward pressure on margins remains high.

How PwC can help your business

  • Implementation of strategies to improve short term profitability
  • Customer retention strategies
  • Talent retention strategies
  • Regulatory guidance
  • Risk Management
We deliver value and advice to financial planners, asset, funds and investment managers, superannuation administrators and corporate and commercial institutions. A key indicator of our reputation in the marketplace and the competency of our teams is the strong relationship we have established with our clients in the areas which we specialise:
  • Asset Management
  • REITs
  • Infrastructure
  • Wealth Management
  • Alternatives
  • Superannuation
  • Internal Controls reporting
  • Regulatory Reporting
Our diverse range of expertise is reflected in our range of core services. While PwC is widely regarded for the depth and breadth of our Assurance services, the firm offers a full range of Tax and Advisory services to clients operating in the Investment Management arena.

News

On 28 April 2011, The Minister for Financial Services and Superannuation, the Hon Bill Shorten MP announced a number of clarifications to the Government's Future of Financial Advice (FOFA) reforms. The announcements provide welcome clarity on the likely shape of selected key reforms but also confirm the magnitude of the implementation task facing the industry. If you would like to discuss any of the announcements in more detail please contact one of our FOFA team members listed below.