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

Pensions infra venture wins £50m backing for in-house fund

The Strathclyde Pension Fund, one of the biggest single funds in the UK, has become the first public backer of the new in-house fund from the Pensions Infrastructure Platform

International Pension and Savings Plan markets continue to expand

The survey found that 41% of IPPs/ISPs offer over 10 investment funds for members to choose from, with as many as 6% providing over 40 different funds.

Do you need motherly advice for a prosperous retirement? by Penny Lovell

“It may be possible to gild pure gold, but who can make his mother more beautiful?” - Mahatma Gandhi

Is the great pensions freedoms project about to go Titanic?

The overall concept of freedom and choice is not complex; people can now choose how they access and use their defined contribution pension savings when they reach 55 or their chosen retirement age.

A huge pension fund hired an investigator to work out where it was getting screwed

This changing relationship was described this week by Chris Hitchen, CEO of the Railway Pension Trustee Company, which manages more than 500,000 pensions from railway employees.

Pension providers forced to phase out punitive exit fees

THE days of extortionate exit penalties on pensions are finally coming to an end as providers bow to pressure for greater fairness and transparency.

Osborne Said to Backtrack on Push to Overhaul Pension Taxes

The revamp will now not occur this month

Consumer Panel calls for new standard for cost reporting on pension funds

The proposed standard would improve the transparency of pension funds

Qrops bounce back in Australia after HMRC cull

The number of Australian Qrops recognised by HM Revenue & Customs has leapt to more than 100 schemes in its latest updated list.

NZ Endeavour agrees Qrops deal with Malta's Elmo

New Zealand pension firm NZ Endeavour Trustees has agreed terms with Malta-based Elmo Pensions to facilitate a partial or full transfer of pension assets between two of their respective Qrops funds.

Hargreaves Lansdown: almost half of employers have no strategy for ageing workforce

Two thirds of respondents did not provide the full pension freedoms, 43% did not offer financial education.

Aviva latest provider to cap exit fees

The move follows Standard Life, who have already introduced a 5 per cent cap, and Prudential, who plan to bring a cap in at “below 5 per cent”.

TESCO Chooses Legal and General as Pension Provider for Over 200,000 Employees

“We are proud to partner with Tesco to share passion and innovation in delivering the very best outcomes for their members.”

Two weeks left to get a 67pc pension boost - here's how

For 40pc and 45pc taxpayers, the uplifts are proportionately larger.

Budget predictions, Sanlam: stop tinkering with our pension system, Osborne!

Constant change is a deterrent to long term saving and, if Osborne goes through with these changes, consumers will be forced to focus on the short-term instead of saving for their retirement.

Regulation Roundup: Pension developments in Europe

IPE’s overview of regulatory and legislative changes in the pensions landscape in key European countries

PMI partners with BNP Paribas for ESG and responsible investing

PMI president Kevin LeGrand said he hoped the partnership would help "transform the way in which investors apply ESG criteria to all investment decisions".

Never too young to start your pension - a case study

To some the words ‘pension’ and ‘child’ may seem, quite literally, decades apart.

Jardine Lloyd Thompson shrugs off UK pensions changes

The company described the UK employee benefits performance, where sales were down 9 per cent, as “disappointing”. It put this down to a “significant slowdown in project work

Can most people afford to retire in the UK? by Penny Lovell

“The future belongs to those who prepare for it today.” Malcolm X