http://europe.managersofwealth.com/ Thu, 13 Dec 2018 16:51:36 GMT part of MediaG8way Group http://europe.managersofwealth.com/ http://europe.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67744/australian-wealth-fintech-company-targets-ireland Consumers are increasingly using digital tools for many of their daily banking, shopping and entertainment needs. Wealth and Asset Management News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67750/pictet-wants-bomb-makers-cut-off-from-finance The weapons targeted by the initiative cause indiscriminate or disproportionate harm and their use is banned or restricted under international conventions, Pictet said. Wealth and Asset Management Mitzi Limlengco Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67751/catella-and-sampoumlderberg-ampamp-partners-in-strategic-partnership Catella’s ownership in the joint venture structure is expected to generate positive cash flow Wealth and Asset Management News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67777/investec-am-senior-management-look-to-increase-stake-to-20-ahead-of-spinoff Listing as a separate business Wealth and Asset Management News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67778/financial-management-firm-reveals-northern-ireland-expansion Currently Tilney has 10 staff in Northern Ireland, including five financial planning experts. Wealth and Asset Management News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67779/jtc-secures-additional-funding-from-santander JTC has successfully completed two recent acquisitions, both supported in part by the funding from Santander. Wealth and Asset Management News Aggregation Team Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67737/st-jamesamp039s-place-reveals-acquisition-of-protection-firm They have achieved this by focusing on the value of relationships and with an ethos that is very similar to our own – to provide the highest level of advice to clients so that their needs, and those of their families, are met long into the future. Wealth and Asset Management News Aggregation Team Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67738/wealth-management-comes-of-age-in-germany But still the wealth management industry is in its relative infancy. Wealth and Asset Management Ana Hall Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67769/st-jamesamp039s-place-acquires-protection-specialist The new arrangement sees Future Proof become part of the St. James’s Place Group, supporting the wealth manager’s Partnership through the provision of specialist protection advice.¹ Wealth and Asset Management News Aggregation Team Tuesday, December 11, 2018 12:00 am http://europe.managersofwealth.com/article/67682/value-idea-contest-credit-suisse-as-a-value-investment Credit Suisse is the second largest bank in Switzerland and is famous for being a safe haven in the money world Wealth and Asset Management Ana Hall Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67749/vontobel-asset-strategist-exits Vontobel's asset management is merging its multi-asset class boutique into a quantitative boutique which operates as Vescore. Executive Moves News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67763/former-aviva-boss-joins-aig-life-as-ceo Mr Willcock succeeds Adam Winslow as chief executive at AIG Life, who is moving to the position of chief executive international at the AIG Life and Retirement division. Executive Moves News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67764/eric-bush-to-leave-caymanamprsquos-london-office Despite such challenges, he feels he has been able to make progress during his time in London. Executive Moves Kris Borres Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67765/birkettsamprsquo-family-law-team-makes-significant-hires They both come with a wealth of experience and represent significant hires for the firm.” Executive Moves Mitzi Limlengco Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67767/cowens-strengthens-financial-planning-team-with-two-new-appointments David Carroll and Josh Coelho join the Mansfield-based firm at a crucial time, as the newly rebranded company looks to expand its network of private and commercial clients across the Midlands and beyond. Executive Moves News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67770/inksters-solicitors-expands-into-thurso The company’s Wick branch is headed by Sylvia MacLennan, who focuses on court-related matters, including civil and criminal court, dispute resolution, family law and debt recovery. Executive Moves News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67773/brewin-adds-to-south-east-exposure-with-basingstoke-buy 'In future, you will benefit from the broader support and resources of Brewin Dolphin including the insight of their in-house research team.' Executive Moves News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67776/senior-departure-at-friends-provident-international Chief marketing officer for Middle East and Africa to exit after five years Executive Moves News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67782/royal-london-ceo-to-step-down Total life and pension new business sales for Royal London have quadrupled from under £3bn in 2011 to over £12bn in 2017, creating a business that is a top four new business player in its key sectors. Executive Moves News Aggregation Team Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67718/london-ampamp-capital-appoints-sales-director Hunter has over 25 years’ experience in the Banking and Wealth Management sectors Executive Moves News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67758/fca-seek-retrial-of-ex-ubs-compliance-officer-on-insider-case The defendants allegedly made £1.8 million in profit through the inside trading of stocks. Legal, Regulation & Compliance Kris Borres Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67760/cma-sets-out-investment-consultants-reforms The CMA has today announced a range of reforms to the investment consultancy and fiduciary management sector after finding competition problems. Legal, Regulation & Compliance Kris Borres Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67761/treasury-ustr-finalize-bilateral-agreement-with-the-uk-on-prudential-measures-regarding-insurance-and-reinsurance The U.S.-UK Covered Agreement is an important step in providing regulatory certainty and market continuity as the United Kingdom prepares to leave the European Union in March 2019 Legal, Regulation & Compliance Kris Borres Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67762/fca-response-to-the-cmaamprsquos-final-report-on-its-investigation-of-investment-consultancy-and-fiduciary-management-services Today the Competition and Markets Authority (CMA) published the final report (link is external) and remedies for its market investigation of investment consultancy and fiduciary management services. Legal, Regulation & Compliance Ana Hall Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67768/fca-proposes-changes-to-facilitate-investment-in-patient-capital The DP does not propose any changes to the authorised fund rules. Legal, Regulation & Compliance Ana Hall Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67784/government-reverses-suspension-of-tier-1-investor-visa-but-confirms-route-will-be-reformed The reason for this turn of events is unclear, although there are indicators that the retraction is the result of opposition by other Government departments Legal, Regulation & Compliance News Aggregation Team Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67722/us-anti-money-laundering-bill-could-reappear-early-next-year Critics say the proposed law, which stalled following the US mid-term elections, would place an unnecessary burden on dealers Legal, Regulation & Compliance News Aggregation Team Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67725/the-amplsquoclear-patternamprsquo-to-deutsche-bankamprsquos-mounting-legal-woes Christian Sewing’s ‘new era’ hamstrung by repeated emergence of lender’s past problems Legal, Regulation & Compliance Mitzi Limlengco Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67728/basel-committee-publishes-updated-basel-iii-disclosure-requirements The standard incorporates feedback collected during the February 2018 public consultation from Pillar 3 preparers and users. In particular, the CVA disclosure requirements have been substantially streamlined. Legal, Regulation & Compliance News Aggregation Team Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67729/walkers-hedge-funds-trends-part-1 All data, unless referenced, is taken from Walkers' in-house investment funds survey. Legal, Regulation & Compliance News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67753/city-hedge-fund-giant-backs-emerging-fintech-startup The firm recently announced a partnership with Uber using Jumo Drive, a product which aims to reduce barriers to car ownership for existing Uber driver-partners. FinTech News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67781/pro-crypto-french-mps-want-to-invest-500-million-euros-to-make-france-amplsquoblockchain-nationamprsquo This 10-year technology is moving out of the experimental stage into industrial implementation. FinTech News Aggregation Team Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67717/investcloud-survey-finds-investment-management-industry-falling-short-on-digital-offering This survey shows that there is a clear need from both managers and investors alike not just for more digital adoption, but also for improving the overall quality of digital offerings. FinTech Ana Hall Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67723/finantix-announces-a-strategic-growth-investment-by-motive-partners Finantix founders and the management team will continue to lead the company to achieve a shared vision and to ensure high service quality to all existing and future clients. FinTech News Aggregation Team Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67724/barclays-app-turns-on-retailers-with-ampldquoturn-offamprdquo-spending-feature A button within the app now allows the customer to choose which types of retailers they are able to spend with, meaning any attempted payments that fall within the “turned off” category will be automatically declined. FinTech News Aggregation Team Tuesday, December 11, 2018 12:00 am http://europe.managersofwealth.com/article/67700/hcl-technologies-signs-pact-for-digital-transformation-of-aegon The Hague-based company, which serves about 29 million customers and employs over 28,000 people worldwide, wants digital scale up to improve customer self service and cement its position in the market. FinTech Mitzi Limlengco Monday, December 10, 2018 12:00 am http://europe.managersofwealth.com/article/67647/euro-cyber-resilience-board-for-pan-european-financial-infrastructures The cyber threat facing the financial sector continues to be a challenge. FinTech News Aggregation Team Friday, December 07, 2018 12:00 am http://europe.managersofwealth.com/article/67612/is-technology-the-climate-saviour This is close to the emissions reduction targets of 2050, but misses the Paris Agreement climate targets for 2030. FinTech Friday, December 07, 2018 12:00 am http://europe.managersofwealth.com/article/67619/dutch-brands-perceived-as-the-most-innovative-in-europe-as-technology-dominates-the-ranking Disruptive 'new giants' rank alongside iconic brands in the first BrandZ™ Top 30 Most Valuable Dutch Brands report FinTech News Aggregation Team Friday, December 07, 2018 12:00 am http://europe.managersofwealth.com/article/67628/fidelity-eyes-robo-advice-launch-as-banks-pile-in Investment group already runs a similar service in Germany FinTech News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67745/kuwaiti-investor-spends-amppound39m-on-london-office-building The deal comes despite wider jitters in the commercial property market about rental growth prospects and tenant demand after Britain leaves the EU. Alternative Investments Ana Hall Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67748/east-capital-acquires-swedish-fund-management-company Once the transaction is completed Monyx will become a fully-owned subsidiary of East Capital Group. Alternative Investments News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67757/ex-barclays-broking-boss-opens-city-advisory-firm Well-known former UBS, Goldman and Barclays broker is latest to go it alone in the City Alternative Investments Mitzi Limlengco Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67766/catella-completes-the-purchase-of-75-in-apam "This transaction further strengthens our position as we reach AUM volume of EUR 8,1 billion” says Timo Nurminen, Head of Property Investment Management at Catella. Alternative Investments News Aggregation Team Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67735/best-and-worst-performing-funds-of-2018-revealed It found the absolute worst performing fund, across all asset classes, was the £211m Jupiter India Select, which lost 28.8 per cent, while the £848m Jupiter India fund, the third worst performer, has lost 25 per cent. Alternative Investments News Aggregation Team Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67741/royal-london-chief-amplsquoopen-mindedamprsquo-to-ascentric-name-change Outgoing Royal London chief executive Phil Loney has said he is ‘open-minded’ about a move to rebrand the wrap platform Ascentric in 2019. Alternative Investments News Aggregation Team Tuesday, December 11, 2018 12:00 am http://europe.managersofwealth.com/article/67689/total-wealth-planning-merges-with-multi-asset-firm-apollo New chairman appointed Alternative Investments News Aggregation Team Tuesday, December 11, 2018 12:00 am http://europe.managersofwealth.com/article/67693/butterfield-interested-in-channel-islands Buying a high street bank subsidiary would be far larger than previous deals, but Butterfield could access capital to pay for such acquisitions. ‘ Alternative Investments News Aggregation Team Tuesday, December 11, 2018 12:00 am http://europe.managersofwealth.com/article/67694/amplsquogold-standardamprsquo-is-set-by-insurance-company To be considered for coveted Chartered status, which is described by the Chartered Insurance Institute as the ‘gold standard for firms of insurance brokers’, Rossborough had to meet rigorous criteria relating to its professionalism and capabil Alternative Investments News Aggregation Team Tuesday, December 11, 2018 12:00 am http://europe.managersofwealth.com/article/67714/danske-bank-sells-swedish-pension-unit-for-288-million Danske Bank has been embroiled in a major money laundering scandal linked to its Estonian branch. Alternative Investments News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67756/barclays-to-double-irish-workforce-to-300-by-end-of-2019 Barclays Bank Ireland has been operating in Ireland for 40 years. Investment Banking News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67780/societe-generale-wins-securities-services-mandate-from-sustainability-focused-us-asset-manager French custodian bank continues streak of mandate wins with latest custody and fund admin deal. Investment Banking News Aggregation Team Tuesday, December 11, 2018 12:00 am http://europe.managersofwealth.com/article/67681/a-win-win-how-saxo-bankamp039s-open-approach-to-investing-duly-delivered The bank now has 120 partnerships with other financial institutions across the globe, including 20 firms that use Open APIs to trade data with Saxo. Investment Banking News Aggregation Team Tuesday, December 11, 2018 12:00 am http://europe.managersofwealth.com/article/67690/sociampeacutetampeacute-gampeacutenampeacuterale-to-set-up-brexit-clearing-hedge-in-paris Last month the governor of the Bank de France called on Paris to develop more clearing services for euro-denominated swaps. London handles the vast majority of the business in Europe. Investment Banking News Aggregation Team Tuesday, December 11, 2018 12:00 am http://europe.managersofwealth.com/article/67691/deutsche-bank-needs-a-bold-and-swift-restructuring Germany’s old national champion is looking systemically dangerous Investment Banking Ana Hall Monday, December 10, 2018 12:00 am http://europe.managersofwealth.com/article/67652/danske-bank-elects-new-chairman-to-steer-bank-through-crisis The composition of the Board’s committees will be announced as soon as possible at danskebank.com under Corporate Governance. Investment Banking News Aggregation Team Monday, December 10, 2018 12:00 am http://europe.managersofwealth.com/article/67655/german-finmin-looking-at-deutsche-commerzbank-merger-scenarios Citing sources familiar with the matter, Focus said that the finance ministry was examining scenarios including one in which the state takes a stake in Deutsche Bank and then leads a merger of the two banks through a share swap. Investment Banking News Aggregation Team Friday, December 07, 2018 12:00 am http://europe.managersofwealth.com/article/67616/rbs-plans-no-deal-brexit-shift-for-investment-bank Government-owned bank says 20% of investment bank revenues could go to Amsterdam Investment Banking News Aggregation Team Friday, December 07, 2018 12:00 am http://europe.managersofwealth.com/article/67625/sociampeacutetampeacute-gampeacutenampeacuterale-continues-its-sustainable-growth-strategy-in-africa SocGen aims for its African operations to achieve a compound annual revenue growth rate of 8 per cent and a profitability of more than 15 per cent by 2020. Investment Banking News Aggregation Team Thursday, December 06, 2018 12:00 am http://europe.managersofwealth.com/article/67582/goldman-sachs-has-happier-staff-than-apple-recruiter-says UK employees reckon leading banks are better places to work than tech giants Investment Banking News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67754/one-of-londonamprsquos-fastest-growing-financial-startups-is-unfazed-by-brexit-chaos Storonsky says that despite Brexit turmoil, investment and access to highly skilled talent haven’t been an issue Comment, Analysis & Research News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67771/index-fund-managers-are-too-big-for-comfort Investors such as BlackRock cannot keep quiet and hope that no one will notice them Comment, Analysis & Research News Aggregation Team Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67720/blackrock-and-peers-slash-research-budgets-as-new-eu-rules-squeeze-brokers With the rules making clear how much investors are being charged for research, many asset managers are scrutinising more than ever what they’re paying for and using less. Comment, Analysis & Research News Aggregation Team Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67721/signs-of-gloom-lifting-for-german-investors Confidence among German investors recovered slightly from recent months' lows in December, a regular survey found Tuesday, but remained gloomy overall. Comment, Analysis & Research Mitzi Limlengco Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67726/bloomberg-global-regulatory-chancellor-speech The Chancellor of the Exchequer Philip Hammond's speech at the Bloomberg Global Regulatory on emerging and growth markets. Comment, Analysis & Research Mitzi Limlengco Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67727/house-of-commons-treasury-committee-report-on-the-withdrawal-agreement The Government provided economic analysis of the UK leaving the EU under five different scenarios. Comment, Analysis & Research News Aggregation Team Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67736/more-women-needed-on-boards-says-ukamprsquos-biggest-pension-scheme USS will use its votes to influence companies lacking female directors Comment, Analysis & Research News Aggregation Team Tuesday, December 11, 2018 12:00 am http://europe.managersofwealth.com/article/67684/how-to-retire-in-germany There are more than 100,000 SHI-accredited physicians in Germany working in ambulatory care. Comment, Analysis & Research News Aggregation Team Tuesday, December 11, 2018 12:00 am http://europe.managersofwealth.com/article/67711/gifting-money-to-loved-ones-this-christmas In other words, you can make a gift without having to pay any tax on it while at the same time your loved ones will have less IHT to pay when you pass on. Comment, Analysis & Research Penny Lovell Monday, December 10, 2018 12:00 am http://europe.managersofwealth.com/article/67593/balancing-the-amplsquodigitalamprsquo-and-amplsquohumanamprsquo-in-the-wealth-management-sector-by-penny-lovell We realised that the financial services community, and more specifically, the wealth management remits, were lacking any form of platform or conversation space to explore important areas. Comment, Analysis & Research News Aggregation Team Thursday, December 13, 2018 12:00 am http://europe.managersofwealth.com/article/67775/denmarkamprsquos-tax-agency-targets-2700-nationals-for-hiding-bitcoin-trades Karin Bergen, the directorate at SKAT, confirmed that they are reviewing the figures as of now and will go after every individual that ignored to mention their offshore bitcoin trades. Tax Ana Hall Wednesday, December 12, 2018 12:00 am http://europe.managersofwealth.com/article/67719/andersen-global-continues-growth-in-united-kingdom Claritas is the fourth firm collaborating with Andersen Global in the UK. Tax News Aggregation Team Monday, December 10, 2018 12:00 am http://europe.managersofwealth.com/article/67654/bakertilly-ceo-urges-for-a-model-change-in-services-sector Presenting Bakertilly’s new image in Cyprus but also across the 147 countries where the firm is active, its Eastern Europe CEO Marios Klitou, said the next five years will be crucial for the future of Cyprus as a services provider. Tax News Aggregation Team Tuesday, December 04, 2018 12:00 am http://europe.managersofwealth.com/article/67502/house-of-lords-slams-hmrc-over-amplsquounfairamprsquo-tax-avoidance-crackdown HMRC is right to tackle tax evasion and aggressive tax avoidance,” said Forsyth. Tax News Aggregation Team Tuesday, December 04, 2018 12:00 am http://europe.managersofwealth.com/article/67503/oecd-looking-to-new-us-tax-law-for-digital-tax-solutions OECD Task Force on the Digital Economy working on alternatives to the EU digital tax plan Tax News Aggregation Team Thursday, November 29, 2018 12:00 am http://europe.managersofwealth.com/article/67397/top-tips-for-inheritance-tax-planning It is also important to choose who will administer and distribute the estate on your behalf. Tax News Aggregation Team Thursday, November 29, 2018 12:00 am http://europe.managersofwealth.com/article/67405/corporate-tax-loophole-closure-amplsquowonamprsquot-stop-firmsamprsquo Companies, most of which were US-based, used entities that were registered in Ireland but resident in Malta. Tax News Aggregation Team Thursday, November 29, 2018 12:00 am http://europe.managersofwealth.com/article/67407/iht-tax-gap-reaches-amppound600m-a-year The tax gap represents the difference between the amount of tax HMRC expects to be paid, in theory, and what is actually paid as a result of non-compliance, simple errors, avoidance or criminal attacks on the tax system. Tax News Aggregation Team Thursday, November 29, 2018 12:00 am http://europe.managersofwealth.com/article/67435/is-this-the-death-of-the-non-dom-wealthy-eschew-britainamp039s-elite-tax-status Though Brexit is always front-of-mind when wealthy people leave the U.K., only 23% said they were considering leaving because of Brexit. Tax News Aggregation Team Wednesday, November 28, 2018 12:00 am http://europe.managersofwealth.com/article/67364/bdo-and-moore-stephens-in-merger-discussions In London, BDO plans to take on a second office in the City to accommodate the growth, and Moore Stephens will take on the BDO brand. Tax News Aggregation Team Monday, December 10, 2018 12:00 am http://europe.managersofwealth.com/article/67677/rbs-bosses-launch-probe-into-amp039culture-of-bullyingamp039-at-bank Staff at the state-backed lender have allegedly been subjected to persistent intimidation, threats and humiliation. Retail Banking News Aggregation Team Thursday, December 06, 2018 12:00 am http://europe.managersofwealth.com/article/67597/hsbc-team-relocates-in-oxford "We have ambitious growth plans in the region and this new office is a great base for our expanding team of relationship managers." Retail Banking News Aggregation Team Wednesday, December 05, 2018 12:00 am http://europe.managersofwealth.com/article/67559/barclays-set-to-close-its-operations-center-in-lithuania-to-lay-off-some-260-people Barclays said the changes in Lithuania are part of an expansion of its strategic relationship with HCL, which becomes the bank's IT services partner worldwide. Retail Banking News Aggregation Team Wednesday, December 05, 2018 12:00 am http://europe.managersofwealth.com/article/67560/luminor-to-close-down-bank-accounts-of-e-residents-ignoring-due-diligence We always remind clients via various channels (email, mail, phone, online bank) to update their information Retail Banking News Aggregation Team Monday, December 03, 2018 12:00 am http://europe.managersofwealth.com/article/67476/hungary-banking-group-takarek-aims-to-create-universal-bank Takarek Group posted a loss of 12.3 billion forints under Hungarian accounting standards last year despite a general economic upswing and a boom in lending, which has bolstered the profitability of most lenders in Hungary. Retail Banking News Aggregation Team Tuesday, November 27, 2018 12:00 am http://europe.managersofwealth.com/article/67336/kcb-joins-global-banks-in-responsible-banking-initiative Launched in Paris, the 28 founding banks set out a clear purpose for the banking industry itself, and enable investors, policy makers and regulators, clients and civil society to compare banks and hold them accountable for their environmental, social and Retail Banking News Aggregation Team Friday, November 23, 2018 12:00 am http://europe.managersofwealth.com/article/67265/dexia-bank-receives-final-bids-for-german-unit After selling all of its active businesses, the bank that was once the world's largest lender to municipalities and governments has been left holding a large pile of outstanding bonds and loans which the management team is now unwinding. Retail Banking News Aggregation Team Thursday, November 22, 2018 12:00 am http://europe.managersofwealth.com/article/67217/uk-bank-rosette-launches-islamic-capital-markets-unit This new division will have a particular focus on enabling UK public bodies access to the Islamic Capital Markets with a global reach. Retail Banking News Aggregation Team Thursday, November 22, 2018 12:00 am http://europe.managersofwealth.com/article/67242/nationwide-profits-dented-by-technology-investment British banks have reported tighter margins in recent weeks, as growing competition and falling demand for mortgages have hit their rates. Retail Banking News Aggregation Team Thursday, November 22, 2018 12:00 am http://europe.managersofwealth.com/article/67250/uk-challenger-bank-to-launch-business-current-account Following in the wake of Starling and RBS’s digital entity Mettle, UK challenger bank Monzo plans to unveil a business current account. Retail Banking News Aggregation Team Friday, December 07, 2018 12:00 am http://europe.managersofwealth.com/article/67621/consultation-into-pension-amplsquosuperfundsamprsquo-launched While the outlook for the vast majority of schemes is positive, in that members can expect to receive the pensions they have been promised, there are some schemes where the outlook is much more uncertain, the consultation document said. Pensions News Aggregation Team Thursday, December 06, 2018 12:00 am http://europe.managersofwealth.com/article/67595/fca-threatens-action-on-pension-transfer-advisers It is important that firms act now to make any necessary changes Pensions Thursday, November 29, 2018 12:00 am http://europe.managersofwealth.com/article/67406/pimfa-calls-for-fscs-review-after-interim-levy PIMFA are deeply concerned that the reasons for these claims is not being tackled. Pensions Wednesday, November 28, 2018 12:00 am http://europe.managersofwealth.com/article/67386/employers-against-default-pensions-for-employees This stance is supported by a recent poll* by WEALTH at work which found that 86% of respondents believe that employees should not be defaulted into a decumulation pathway at-retirement without financial guidance. Pensions News Aggregation Team Wednesday, November 28, 2018 12:00 am http://europe.managersofwealth.com/article/67387/govt-still-negotiating-on-brexit-state-pension-deal But the deal has proven controversial and several members of the Conservative Party have called for Mrs May to stand down as Prime Minister, with some claiming it gives the EU too much power over the UK and others saying the opposite. Pensions News Aggregation Team Monday, November 26, 2018 12:00 am http://europe.managersofwealth.com/article/67305/govt-admits-pension-tax-relief-blunder In schemes that operate the latter, members get tax relief by making their contributions before their pay is taxed so the member gets the tax relief straightaway. Pensions News Aggregation Team Friday, November 23, 2018 12:00 am http://europe.managersofwealth.com/article/67272/mps-demand-hsbc-ends-pensions-clawback It also allows employers to deduct some - or all - of the basic state pension amount from their pension payments. Pensions News Aggregation Team Friday, November 23, 2018 12:00 am http://europe.managersofwealth.com/article/67275/talbot-and-muir-launches-dfm-sipp Not particularly expensive but not particularly value for money Pensions News Aggregation Team Wednesday, November 21, 2018 12:00 am http://europe.managersofwealth.com/article/67195/revealed-transfers-out-of-fca-db-pension-scheme-rocket-266 Transfers out of the FCA’s final salary pension scheme rocketed 266% between 2016/17 and 2017/18. Pensions News Aggregation Team Tuesday, November 20, 2018 12:00 am http://europe.managersofwealth.com/article/67137/qrops-transfer-charge-overhaul-on-the-way Some exemptions apply to the transfer rule. Pensions News Aggregation Team Tuesday, December 11, 2018 12:00 am http://europe.managersofwealth.com/article/67686/a-amp039no-dealamp039-brexit-would-rock-2019-global-outlook The EU economy is fragile – Germany experienced a contraction in GDP growth in the September quarter – China’s growth rate has slowed and there is a question mark over the sustainability of the strong growth in a US economy as the impact Brexit News Aggregation Team Friday, December 07, 2018 12:00 am http://europe.managersofwealth.com/article/67620/barricades-in-paris-make-brexit-bankers-think-again Frankfurt suddenly looks more attractive amid the ‘gilets jaunes’ protests Brexit Thursday, December 06, 2018 12:00 am http://europe.managersofwealth.com/article/67590/devere-ceo-the-pound-is-shackled-by-brexit The warning from Nigel Green, founder and chief executive of deVere Group, comes as sterling remains vulnerable to every twist and turn to the political saga over the UK’s exit of the European Union. Brexit News Aggregation Team Friday, November 23, 2018 12:00 am http://europe.managersofwealth.com/article/67258/uk-secures-no-improvements-in-future-eu-financial-services-access It proposed an “enhanced” or more accommodative version of equivalence, but the latest draft only says that both sides will keep their respective equivalence frameworks “under review”. Brexit News Aggregation Team Sunday, November 18, 2018 12:00 am http://europe.managersofwealth.com/article/67092/brexit-cost-investor-isa-tax-breaks-as-fund-transfers-to-luxembourg An admin blunder saw cash lose its Isa status in move to the Continent Brexit Friday, November 16, 2018 12:00 am http://europe.managersofwealth.com/article/67066/brexit-draft-withdrawal-agreement-and-political-declaration RECALLING that, pursuant to Article 50 TEU, in conjunction with Article 106a of the Euratom Treaty, and subject to the arrangements laid down in this Agreement, the law of the Union and of Euratom in its entirety ceases to apply to the United Kingdom Brexit News Aggregation Team Friday, November 09, 2018 12:00 am http://europe.managersofwealth.com/article/66898/european-central-bank-warns-ireland-to-prepare-for-no-deal-brexit IRELAND has been warned to prepare for a no-deal Brexit by European Central Bank (ECB) boss Mario Draghi. Brexit News Aggregation Team Wednesday, November 07, 2018 12:00 am http://europe.managersofwealth.com/article/66843/franceamprsquos-top-3-banks-prepare-to-cut-uk-staff-because-of-brexit Credit Agricole is currently preparing to relocate as many as 100 positions from London to Paris and other cities, and it will continue to adapt staffing based on business needs, Grivet said. Brexit News Aggregation Team Monday, November 05, 2018 12:00 am http://europe.managersofwealth.com/article/66756/alarm-raised-by-eu-loyalist-over-amplsquocliff-edgeamprsquo-facing-banks “I’ve pushed hard for the EU Commission to start preparing for a no-deal Brexit,” Rasmussen said in an interview on Friday. Brexit Monday, November 05, 2018 12:00 am http://europe.managersofwealth.com/article/66762/brexit-and-financial-services-the-final-countdown Given that at the point of Brexit the UK will have identical rules to the EU, the UK Government has proposed that there should be reciprocal recognition of equivalence under all existing third country regimes Brexit