European politicians have voted to reform the bonus structure of fund managers, a move which puts the UK at a "competitive disadvantage" and could damage shareholder value, according to PwC.
The investment management sector's low reported levels of compliance spending are "hard to believe", according to a quarterly survey from the CBI and PwC.
GAME Group administrators have announced 333 of its UK shops that are still open have been sold to private investment firm OpCapita.
Lawyers for professional services group RSM Tenon have raised "serious concerns" about the quality of PwC's audit and advised Tenon may have a legal claim, according to reports.