PricewaterhouseCoopers (PwC) has teamed up with Huntswood, the world's largest professional services organisation, to develop solutions for key compliance issues in the financial services sector.

The solutions will cover areas including rectification, training and complaints review handling.

PwC financial services partner David Taylor said: "The financial services market is being subjected to many challenges, and is continuing to evolve rapidly. It is also significantly affected by developments at the Financial Services Authority, with an increasing focus on senior management responsibilities.

"We know from talking to our clients that they are looking for a holistic approach to their compliance issues which is also cost effective."

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