- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Behind the scenes at the PPF

We have already transferred 22,000 new members since insourcing, and paid £365m to more than 124,000 pensioners.

Wealth management firm acquires pension admin firm in £2.2m deal

A further £1m cash sum will be payable after two years, based on growth targets being met.

JLT taps local authority fund for LGPS expertise

The LGPS sector is consolidating, with 89 England and Wales local authority pension funds pooling their assets into eight new funds.

Pension Isa could help prevent tax avoidance: Investec

The Isa model is the reverse of this, known as “tax, exempt, exempt.

Britain had a vast, unfair transfer of £36 billion in wealth and no one is talking about it

This hypothetical law would save corporations £36 billion in annual pension contributions, keeping that money as profit or distributing it to stockholders as dividends.

Central bank's plan to raise retirement age to 69 ignites anger in Germany

It said in a report that as the average age in Germany continues to rise, greater stress will be placed on the pension system.

Royal London boosted by ‘flight to quality’ in pensions business

Royal London Asset Management (RLAM) saw gross inflows of £2.3 billion, up from £1.9 billion in the same period last year.

German bank highlights EU pensions problem

The retirement age is in any case due to rise from 65 to 67 by 2030 but the bank said this should go up again to 69 at some stage before 2060.

Britain's biggest companies could have easily filled the £40 billion pension black hole — but chose not to

Consultancy LCP says in its annual "Accounting for Pensions Report" that this "suggest[s] that these companies could pay off their pension scheme deficit relatively easily if they wanted to."

Bundesbank Floats Higher Retirement Age in German Pension Debate

Central bank discusses raising retirement age to 69 by 2060

Brexit impact looms large over Standard Life results

Standard Life is expected to post a strong performance

RBS scheme hits surplus after cash injection

Investment returns over the next 10-year period are forecast to absorb the £1.6bn balance of the deficit recorded under the triennial valuation.

L&G-backed second-hand annuity website prepares for market

Reforms unveiled in December will allow people drawing annuities to sell their contracts from 6 April 2017, extending pension changes announced in the Budget two years ago.

Brexit’s Biggest Fans Face New 115 Billion-Pound Pension Hole

The combined deficits of all U.K. defined-benefit pension schemes, normally employer-sponsored and promising a specified monthly payment or benefit upon retirement, rose from 820 billion pounds

Revealed: How UK’s most notorious benefit scroungers spend OUR cash

Jobless benefit scroungers in the UK claim they get too much cash and spend it on gambling, flash luxury cars and boob jobs, a Daily Star Online investigation has found.

UK should apply brakes on further tax reform, OMW says

Just 5% of respondents said client would be put off saving extra if a 33% rate was introduced – making it the most “palatable” option, said OMW.

Industry calls for 'period of stability' for pension savers

The new pensions minister inherit a vast in-tray of reforms that are either under consideration or need to be given the green light.

Aviva launches face-to-face adviser service in the UK

Since then, people have far more choice about what they do when they retire.

Rothesay Life appoints Northern Trust to Provide Middle Office Services

It is being supported on Northern Trust’s sophisticated technology platform, which provides an operating model able to support all asset classes and investment strategies, as well as delivering flexibility in data management and reporting.

BoA: The pension Pain Trade

Yields have only dropped further since this report was published and while an equity rally has provided some relief