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

Norway clears Iran debt purchases by pension fund

The Norwegian government pension fund, fed by oil income, is to help the Scandinavian country meet future pension requirements.

Why the younger generation will work until 77 - and miss out on retirement

Could the ‘death of retirement’ be about to hit the younger generation?

Pension study finds even high earners will 'need to work to 85'

Legal & General Announces US Pensions Derisking Deal for $65m

Legal & General Retirement America will look after all the administration of the scheme and payments to the annuitants going forward.

Global Pension Assets Study 2016

Pension assets relative to GDP reached 80% in 2015, which represents a decrease of 4% from the 2014 ratio of 84% The largest pension markets are the US, UK and Japan with 62%, 9% and 8% of total pension assets in the study, respectively

Royal London attacks UK Pension Isa proposal

Royal London chief executive Phil Loney has slammed the idea of a Pension ISA, just five weeks before Chancellor George Osborne gives his next budget speech.

Pension freedoms drive LEBC profit surge

LEBC’s highest paid director for the year took home £342,836, up 49 per cent from £230,189 last year.

Rich and savvy savers are quick off the mark to use pension freedoms - but the vast majority are still sitting on their hands

The next wave of people accessing their pensions will be less financially confident and more risk averse

First Swedish National Pension Fund Expands Its Investment Management Tool With Fincad

This application leverages these systems to perform everyday portfolio analysis, including curve building, attribution and hedging.

ESMA backs clearing exemption for 16 UK pension providers

The exemptions the EU supervisory body has come out in favour of are in relation to the obligation to centrally clear OTC derivative contracts under the European Market Infrastructure Regulation.

Pensions reform sparks sea change in fund sales

This was offset by net sales into Isas dropping 10 per cent to £3.5bn, and unwrapped products falling 18 per cent to £3.7bn.

Stop gambling with our money: Pension fund managers are supposed to protect our cash, not collude with the tax bandits, says DAN HYDE

What I wouldn’t do is collude with bandits to find a way to raid the fund legally — even if the marauders worked in the local tax office.

Adding Risk to De-risk

For pension systems with deficits to close, it’s time to dump “safe haven” bonds, specialists argue.

Aegon highlights hidden risks of breaking the Lifetime Allowance

Those within 10 years of retirement with a pension fund over £650,000 need to take care

Dutch pensions insurer ASR to acquire BNG Asset Management

The asset manager offers tailor-made portfolios, investment funds and advice, with a focus on fixed income.

Action picked up in the recruiting arena as Raymond James welcomed a $2 million team; Merrill Lynch brought in an international wealth strategist; an advisory firm joined Focus Financial Partners; and three other firms made executive additions. Longleaf

Greece's leftist government recently proposed reducing the highest pension benefits and increasing social security contributions by both employers and staff.

Pensions