Managers of Wealth - Europe http://europe.managersofwealth.com/ Thu, 23 Sep 2021 11:48:54 BST part of MediaG8way Group http://europe.managersofwealth.com/ http://europe.managersofwealth.com/assets/images/logo.png Managers of Wealth - Europe KohanaPHP Schroders expands European Equities footprint with Nordics portfolio managers News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94843/schroders-expands-european-equities-footprint-with-nordics-portfolio-managers Nordic equity investors Jan Brännback and Janne Lähdesmäki, who specialise in small and micro caps, will join Schroders from Aktia Asset Management in the New Year. Wealth and Asset Management Brewin Dolphin adds sixth fund to Voyager range for advisers News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94844/brewin-dolphin-adds-sixth-fund-to-voyager-range-for-advisers Voyager Max 100% Equity will invest almost entirely in equities and mirrors Brewin Dolphin’s established Managed Portfolio Service (MPS) Global Equity model portfolio. Wealth and Asset Management London wealth manager takes stake in Dublin investment tech platform Omnium News Aggregation Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94854/london-wealth-manager-takes-stake-in-dublin-investment-tech-platform-omnium Both companies plan to use strategic tie-up as launch pad for European expansion Wealth and Asset Management Ninety One and Imperial College launch bespoke Climate Risk Programme News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94862/ninety-one-and-imperial-college-launch-bespoke-climate-risk-programme The programme also covers which technological developments might enable or disrupt these pathways and how to treat the extensive uncertainties around these. Wealth and Asset Management Asset manager M&A means technology providers must keep up News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94819/asset-manager-mampampa-means-technology-providers-must-keep-up As a result, the firm ended up with a smoother process, with a single touchpoint for clients and executing across markets and jurisdictions while meeting each market's relevant rules and regulations. Wealth and Asset Management LGT is one of the 25 “Best Workplaces in Europe” News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94820/lgt-is-one-of-the-25-ampldquobest-workplaces-in-europeamprdquo LGT Private Banking received its first employer certification from ”Great Place to Work Wealth and Asset Management Clifton extends Hubwise platform deal to 2026 News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94832/clifton-extends-hubwise-platform-deal-to-2026 The agreement with Clifton Asset Management to extend their use of Hubwise’s services by a further five years is testament to the flexibility of the Hubwise proposition. Wealth and Asset Management UBS buys Madrid office with strong ESG credentials News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94801/ubs-buys-madrid-office-with-strong-esg-credentials The WELL Certificate is issued by the International WELL Building Institute, which aims to improve how buildings affect human wellbeing. Wealth and Asset Management NatWest Wealth calls on FCA for further action News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94803/natwest-wealth-calls-on-fca-for-further-action There’s a real need to simplify processes so that customers can access straight forward Wealth and Asset Management Coutts among first to buy UK government's new green gilt News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94808/coutts-among-first-to-buy-uk-governmentamp039s-new-green-gilt New bonds will support green energy technology and help cut carbon emissions Wealth and Asset Management BlackRock index specialist departs to join LSEG’s FTSE Russell EMEA business News Aggregation Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94860/blackrock-index-specialist-departs-to-join-lsegamprsquos-ftse-russell-emea-business New head of equity index product for Europe, the Middle East and Africa (EMEA) has spent the last 14 years at BlackRock in institutional and index equity focused roles. Executive Moves New Director Appointed at the Oxford-Man Institute News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94823/new-director-appointed-at-the-oxford-man-institute Professor Álvaro Cartea has been appointed as the new Director of the Oxford-Man Institute of Quantitative Finance Executive Moves Aviva names new CRO and CIO News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94830/aviva-names-new-cro-and-cio “The appointments will further strengthen our executive team as we continue to focus on the critical task of transforming our performance.” Executive Moves Allianz to lose top asset management executive amid funds dispute News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94831/allianz-to-lose-top-asset-management-executive-amid-funds-dispute Europe’s biggest insurer to consider speeding up board reshuffle, citing problems in the US Executive Moves Schroders swaps out co-manager on former Woodford trust News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94800/schroders-swaps-out-co-manager-on-former-woodford-trust Ben Wicks will step down from Schroder UK Public Private effective immediately Executive Moves PGIM Investments hires Rob Hall from Natixis to boost UK wholesale distribution News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94807/pgim-investments-hires-rob-hall-from-natixis-to-boost-uk-wholesale-distribution Last year group added 22 of its Ucits funds to the Investment Association sectors Executive Moves Investec promotes Jane Niles to Head of Real Estate Offshore News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94812/investec-promotes-jane-niles-to-head-of-real-estate-offshore Jane previously served as Head of Corporate and Family Office Executive Moves Jeff Yabuki joins Motive Partners as Chairman and will Co-lead the Firm News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94837/jeff-yabuki-joins-motive-partners-as-chairman-and-will-co-lead-the-firm Yabuki joins as Chairman and will co-lead Motive Partners with Founder and Managing Partner, Rob Heyvaert Executive Moves WH Ireland appoints former Co-op Bank restructuring chief in non exec role News Team Tuesday, September 21, 2021 1:00 am http://europe.managersofwealth.com/article/94776/wh-ireland-appoints-former-co-op-bank-restructuring-chief-in-non-exec-role Wood’s focus will be on both this arm and the wealth management division, which offers financial advice and discretionary investment management. Executive Moves Joanne Lake to step down as Mattioli Woods chair News Aggregation Team Tuesday, September 21, 2021 1:00 am http://europe.managersofwealth.com/article/94777/joanne-lake-to-step-down-as-mattioli-woods-chair Lake was appointed to the board in 2012 and became deputy chair in 2015 ahead of her appointment as non-executive chair at the group’s annual general meeting in 2016. Executive Moves Ex-rugby star turned private banker accused of stealing €578,000 News Aggregation Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94838/ex-rugby-star-turned-private-banker-accused-of-stealing-ampeuro578000 He was released on bail of his own bond of €10,000 and agreed to surrender his passport Legal, Regulation & Compliance Central Bank of Ireland Review Identifies Market Abuse Deficiencies News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94855/central-bank-of-ireland-review-identifies-market-abuse-deficiencies In July 2021, the CBI issued a Dear CEO Letter (the "Letter") setting out its findings and expectations arising from the review. Legal, Regulation & Compliance Stricter rules on pay for UK asset managers – are you ready? News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94856/stricter-rules-on-pay-for-uk-asset-managers-ampndash-are-you-ready The new code’s requirements will have a material impact on all firms from 1 January 2022. Legal, Regulation & Compliance Ten years on: Impact of GFC is still being felt in asset management industry News Aggregation Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94863/ten-years-on-impact-of-gfc-is-still-being-felt-in-asset-management-industry Fewer firms than in 2010 Legal, Regulation & Compliance Guidance for approval of senior pay News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94817/guidance-for-approval-of-senior-pay How senior pay and reward packages are approved. Legal, Regulation & Compliance Giovannelli e Associati with Objectway on the cross-border acquisition of Die Software News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94818/giovannelli-e-associati-with-objectway-on-the-cross-border-acquisition-of-die-software Our team, composed by partners Matteo Delucchi and Eugenio Romita, senior associate Antonello Lops and associate Lorenzo Mazzocconi, advised the purchaser on the SPA, the SHA, the related Italian corporate matters as well as on the tax structuring of the Legal, Regulation & Compliance IA publishes Guidance on FCA’s Guiding Principles on ESG and Sustainable Investment Funds News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94822/ia-publishes-guidance-on-fcaamprsquos-guiding-principles-on-esg-and-sustainable-investment-funds The purpose of the IA’s guidance is to help members implement the Guiding Principles and ensure more consistent customer communications. Legal, Regulation & Compliance Advisers warned over compliance as HMRC writes to non-doms News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94825/advisers-warned-over-compliance-as-hmrc-writes-to-non-doms Ashford added that in the past five years HMRC has heightened its focus on cracking down on so-called ‘enablers’. Legal, Regulation & Compliance Expats rush for Portugal golden visa deadline as EC prioritises end of Malta revised scheme News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94828/expats-rush-for-portugal-golden-visa-deadline-as-ec-prioritises-end-of-malta-revised-scheme The recent changes in both these arrangements could be said to be aimed at placating these dissenting voices in some small way. Legal, Regulation & Compliance FCA provides update on LIBOR transition News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94835/fca-provides-update-on-libor-transition The focus since then has been on reducing the existing stock of LIBOR contracts. Legal, Regulation & Compliance UK fintechs join trade delegation to New York for climate summit News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94786/uk-fintechs-join-trade-delegation-to-new-york-for-climate-summit The UK Department for International Trade is partnering with Climate Week NYC for a series of events concerning climate change from September 20th to 30th. FinTech Tough Cloud rules will stifle bank uptake - Afme News Aggregation Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94853/tough-cloud-rules-will-stifle-bank-uptake-afme Banks should not be limited in taking a risk-based approach tailored to their cloud usage and technical needs allowing them to deploy multiple complementary solutions for resilience, rather than specific solutions being mandated for all. FinTech Artificial Intelligence in Financial Services 2.0: Managing machines in an evolving legal landscape News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94858/artificial-intelligence-in-financial-services-20-managing-machines-in-an-evolving-legal-landscape Managing machines in an evolving legal landscape FinTech Turning compliance into a commercial advantage through technology News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94826/turning-compliance-into-a-commercial-advantage-through-technology The most innovative wealth managers have accepted that robust regulatory governance is non-negotiable FinTech Hargreaves Lansdown Selects ICS Athena News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94798/hargreaves-lansdown-selects-ics-athena Hargreaves Lansdown provides a market leading range of research and tools to help investors build their portfolios. FinTech Novia backer secures £55m for UK wealth platform M&A push News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94810/novia-backer-secures-amppound55m-for-uk-wealth-platform-mampampa-push It will continue to ‘identify attractive bolt-on acquisition opportunities’ FinTech ING's Lendico and HCL to build business banking toolkit News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94815/ingamp039s-lendico-and-hcl-to-build-business-banking-toolkit The lab will also enable transformational technology architectures, such as API gateways and microservices. FinTech Report on the Use of Digital Platforms News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94833/report-on-the-use-of-digital-platforms The EBA also highlights previous observations about divergences in consumer protection and conduct of business requirements at the national level which may pose potential impedimentsto the scaling of services cross-border using digital platforms and other FinTech Deutsche Borse Expands Crypto ETN Offering News Team Tuesday, September 21, 2021 1:00 am http://europe.managersofwealth.com/article/94782/deutsche-borse-expands-crypto-etn-offering In June last year, Deutsche Börse was the first exchange worldwide to launch trading in centrally cleared crypto products. Investors now have access to 18 crypto ETNs from six issuers on seven cryptocurrencies. FinTech Automation will not end banks’ grunt work News Aggregation Team Monday, September 20, 2021 1:00 am http://europe.managersofwealth.com/article/94732/automation-will-not-end-banksamprsquo-grunt-work Systematising the tedious tasks of juniors is only partially good news FinTech Oddo BHF snaps up French value boutique News Aggregation Team Tuesday, September 21, 2021 1:00 am http://europe.managersofwealth.com/article/94793/oddo-bhf-snaps-up-french-value-boutique German group expands foothold in Europe with deal for Paris-based investment house. Alternative Investments Man GLG launches sustainable absolute return fund News Team Tuesday, September 21, 2021 1:00 am http://europe.managersofwealth.com/article/94799/man-glg-launches-sustainable-absolute-return-fund The fund will aim for a net long exposure of between 20% and 30%, unconstrained by sector or geography. Alternative Investments Digital bank accounts are target for new partnership News Aggregation Team Monday, September 20, 2021 1:00 am http://europe.managersofwealth.com/article/94716/digital-bank-accounts-are-target-for-new-partnership The Anglo-South African bank will use the start-up’s technology to offer digital banking to its existing wealthy customers before the launch of business accounts early next year. Alternative Investments BNP Paribas Asset Management Adopts Euronext CAC 40 ESG Index News Team Monday, September 20, 2021 1:00 am http://europe.managersofwealth.com/article/94724/bnp-paribas-asset-management-adopts-euronext-cac-40-esg-index The change means that BNPP AM now manages the first French market index fund to track this index. Alternative Investments Baillie Gifford cuts fee on top performing US Growth trust News Aggregation Team Monday, September 20, 2021 1:00 am http://europe.managersofwealth.com/article/94739/baillie-gifford-cuts-fee-on-top-performing-us-growth-trust The US Growth trust has become the latest portfolio in the Baillie Gifford stable to receive a fee cut following a year of outstanding performance. Alternative Investments Pictet Alternative Advisors Keeps Capital Flowing for BTR Developments News Aggregation Team Sunday, September 19, 2021 1:00 am http://europe.managersofwealth.com/article/94715/pictet-alternative-advisors-keeps-capital-flowing-for-btr-developments Pictet Alternative Advisors is providing capital for I am Home to develop residential units to be built in growing cities across Sweden. Alternative Investments EIB strengthens global development focus and backs €4.8 billion new financing for energy, transport, COVID vaccines and business investment News Aggregation Team Friday, September 17, 2021 1:00 am http://europe.managersofwealth.com/article/94690/eib-strengthens-global-development-focus-and-backs-ampeuro48-billion-new-financing-for-energy-transport-covid-vaccines-and-business-investment As a result, the EU Bank will be able to make a stronger contribution to boosting Europe’s strategic autonomy, by placing more experts on the ground, and be a more effective partner for other multilateral and national development banks. Alternative Investments Arcano Partners adds to private equity team in Europe News Aggregation Team Friday, September 17, 2021 1:00 am http://europe.managersofwealth.com/article/94692/arcano-partners-adds-to-private-equity-team-in-europe As a result of her time at Coller Capital, Matilde has a wealth of experience in the secondary market, both in limited partner interests (LP stakes) and manager-led (GP-led) transactions. Alternative Investments Manulife Investment Management brings additional funds with focus on Asia-Pacific investment strategies to European investors News Team Friday, September 17, 2021 1:00 am http://europe.managersofwealth.com/article/94700/manulife-investment-management-brings-additional-funds-with-focus-on-asia-pacific-investment-strategies-to-european-investors The announcement reflects an increased demand from investors for Asia – Pacific investment strategies and Manulife Investment Management's goal to expand into the European market through its Manulife Global Fund offering. Alternative Investments Fund managers retain only 41 per cent of the total cost paid by retail investors, EFAMA finds News Aggregation Team Friday, September 17, 2021 1:00 am http://europe.managersofwealth.com/article/94702/fund-managers-retain-only-41-per-cent-of-the-total-cost-paid-by-retail-investors-efama-finds The report only covers funds whose distribution and advice costs are bundled in the fee paid by retail investors to fund managers before being retroceded to the fund distributors. Alternative Investments BNP Paribas Asset Management and Dynamic Credit Group agree partnership to boost private debt solutions News Team Wednesday, September 15, 2021 1:00 am http://europe.managersofwealth.com/article/94625/bnp-paribas-asset-management-and-dynamic-credit-group-agree-partnership-to-boost-private-debt-solutions This deal offers PDRA the opportunity to accelerate the development of its Dutch mortgage capability. Investment Banking Rothschild, Jefferies Outmuscle Big Banks in U.K. Deals Bonanza News Aggregation Team Thursday, September 09, 2021 1:00 am http://europe.managersofwealth.com/article/94461/rothschild-jefferies-outmuscle-big-banks-in-uk-deals-bonanza “They’re constantly good on defense advice,” said Rupert Younger, director of the Oxford University Centre for Corporate Reputation. “It looks like relationship banking is back.” Investment Banking Heligan Group reports year-to-date deals News Aggregation Team Tuesday, September 07, 2021 1:00 am http://europe.managersofwealth.com/article/94351/heligan-group-reports-year-to-date-deals Tim Watts, Heligan Group Partner, Jersey, commented: “Around two-thirds of transactions were in securetech and related businesses, and our potential deal flow in these areas for Q4 2021 remains strong.” Investment Banking Goldman Sachs’s Petershill Plans London Listing News Aggregation Team Monday, September 06, 2021 1:00 am http://europe.managersofwealth.com/article/94321/goldman-sachsamprsquos-petershill-plans-london-listing Listing would cash in on a boom for private equity, raising $750 million and valuing the vehicle at more than $5 billion Investment Banking Citigroup eyes UK and Ireland investment banking growth amid ‘feeding frenzy’ deal boom News Aggregation Team Tuesday, August 31, 2021 1:00 am http://europe.managersofwealth.com/article/94154/citigroup-eyes-uk-and-ireland-investment-banking-growth-amid-amplsquofeeding-frenzyamprsquo-deal-boom The UK investment banking market is booming, and Citigroup is expanding Investment Banking Credit Agricole’s profit doubles even as investment banking lags News Aggregation Team Tuesday, August 24, 2021 1:00 am http://europe.managersofwealth.com/article/93975/credit-agricoleamprsquos-profit-doubles-even-as-investment-banking-lags Its cost of risk – a reflection of provisions against loan loss – was down by 66.8%, while revenue rose 18.8%. Investment Banking VTB accelerates relocation to Frankfurt as UK losses balloon to $213mn News Aggregation Team Monday, August 23, 2021 1:00 am http://europe.managersofwealth.com/article/93941/vtb-accelerates-relocation-to-frankfurt-as-uk-losses-balloon-to-213mn That had led to business lines and other bankers being relocated from London to Frankfurt in the wake of Brexit and the retention of severe sanctions against the bank. Investment Banking Societe Generale joins Wall Street pay battle with salary bump News Aggregation Team Wednesday, August 18, 2021 1:00 am http://europe.managersofwealth.com/article/93849/societe-generale-joins-wall-street-pay-battle-with-salary-bump French bank hikes packages for front office roles as war for talent continues Investment Banking Me me me … bankers chasing bigger bonuses News Aggregation Team Monday, August 16, 2021 1:00 am http://europe.managersofwealth.com/article/93753/me-me-me-amphellip-bankers-chasing-bigger-bonuses Investment banks, and banks generally, had a great run last year – thanks to taxpayers Investment Banking The market is overlooking the change in Europe’s investment banks News Aggregation Team Friday, August 06, 2021 1:00 am http://europe.managersofwealth.com/article/93556/the-market-is-overlooking-the-change-in-europeamprsquos-investment-banks Resilience through the pandemic shows how much has changed for sector Investment Banking The enduring appeal of Bond – Fleming’s world of escapism and espionage stands the test of time News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94861/the-enduring-appeal-of-bond-ampndash-flemingamprsquos-world-of-escapism-and-espionage-stands-the-test-of-time Ahead of the release of the 25th Bond film No Time to Die, we caught up with Matthew Fleming, great-nephew of Ian Fleming and Corinne Turner, Managing Director of the Fleming family-owned Ian Fleming Publications Ltd. Comment, Analysis & Research Annual Broadridge Distribution Achievement Awards at ALFI Conference Honour Rising Stars and Global Giants News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94840/annual-broadridge-distribution-achievement-awards-at-alfi-conference-honour-rising-stars-and-global-giants Founded five years ago to recognise excellence in fund distribution, the Broadridge Distribution Achievement Awards celebrate the hard work and resourcefulness of marketing, sales, and client service teams in the European fund distribution market. Comment, Analysis & Research Online world a 'wild west' without Online Safety Bill tweak News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94848/online-world-a-amp039wild-westamp039-without-online-safety-bill-tweak Awareness raising through advertising credits and media campaigns is certainly a positive, and should absolutely be a tool in the regulator’s arsenal for clamping down on online fraud. Comment, Analysis & Research Investors lap up green gilt issuance, but proof will be in the pudding News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94849/investors-lap-up-green-gilt-issuance-but-proof-will-be-in-the-pudding The bonds were issued at a couple of basis points lower than an equivalent conventional gilt which means more cheap funding for the government but is perhaps less good news for investors. Comment, Analysis & Research Prudentist Speech by Sam Woods News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94850/prudentist-speech-by-sam-woods Updating the PRA’s operating model to reflect changes to its role after Brexit Comment, Analysis & Research Seizing opportunity – challenges and priorities for the FCA News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94851/seizing-opportunity-ampndash-challenges-and-priorities-for-the-fca Speech by our CEO, Nikhil Rathi, delivered at the Lord Mayor's City Banquet at Mansion House. Comment, Analysis & Research Digital assets and estate planning News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94821/digital-assets-and-estate-planning The report encompasses a wide range of digital assets including crypto-currencies, digital media stored online on services such as iCloud or Dropbox, and also social media accounts. Comment, Analysis & Research Wealth Management: Market Perspective - Rothschild & Co. News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94797/wealth-management-market-perspective-rothschild-ampamp-co The latter could be worrying, but the last year has demonstrated clearly that economies can indeed resume growing when we let them. Many businesses are continuing to adapt to more distanced ways of operating. Comment, Analysis & Research UK's recovery plans must address gender inequality as four out of five women unaware of green job opportunities, PwC research find News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94834/ukamp039s-recovery-plans-must-address-gender-inequality-as-four-out-of-five-women-unaware-of-green-job-opportunities-pwc-research-find The research based on a survey of 4,000 people in the UK Comment, Analysis & Research UK set for most widespread pay rises in over a decade - CBI News Team Tuesday, September 21, 2021 1:00 am http://europe.managersofwealth.com/article/94769/uk-set-for-most-widespread-pay-rises-in-over-a-decade-cbi The CBI renewed its call for the government to ease post-Brexit visa restrictions on European Union workers with in-demand skills. Comment, Analysis & Research IHT receipts up 35% on 2020 after nil rate band freeze News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94804/iht-receipts-up-35-on-2020-after-nil-rate-band-freeze The best way to beat the big IHT freeze on allowances is to consider intergenerational wealth planning options Tax Any change in corporate tax rate would only affect ‘very large companies’ – Varadkar News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94814/any-change-in-corporate-tax-rate-would-only-affect-amplsquovery-large-companiesamprsquo-ampndash-varadkar Tánaiste says Ireland’s 12.5% rate would remain for businesses with turnover less than €750m Tax Non-doms probed by HMRC for suspected unpaid tax News Aggregation Team Friday, September 17, 2021 1:00 am http://europe.managersofwealth.com/article/94671/non-doms-probed-by-hmrc-for-suspected-unpaid-tax The correspondence has been sent to those whom HMRC believes might have failed to declare and pay an annual levy known as the “remittance basis charge” (RBC) — which kicks in after non-doms have been UK resident for at least seven years. Tax Germany: Federal tax court rules on direct shareholding requirement under PSD News Team Friday, September 17, 2021 1:00 am http://europe.managersofwealth.com/article/94697/germany-federal-tax-court-rules-on-direct-shareholding-requirement-under-psd The federal tax court provided welcome clarification on what has been a long-standing dispute between taxpayers and the German tax authorities. Tax UK's tax gap points to a system in need of simplification News Team Thursday, September 16, 2021 1:00 am http://europe.managersofwealth.com/article/94662/ukamp039s-tax-gap-points-to-a-system-in-need-of-simplification There are clearly holes in our tax system the government have so far not found the means to plug. Tax Gift planning opportunities for US persons in the UK News Team Thursday, September 16, 2021 1:00 am http://europe.managersofwealth.com/article/94666/gift-planning-opportunities-for-us-persons-in-the-uk In any event, even under current law, the unified exemption amount will automatically decrease to $5 million (plus an inflation adjustment) come January 1, 2026. Tax European Commission investigation into individual Belgian “excess profit” tax rulings News Team Thursday, September 16, 2021 1:00 am http://europe.managersofwealth.com/article/94680/european-commission-investigation-into-individual-belgian-ampldquoexcess-profitamprdquo-tax-rulings Fiscal State Aid – Tax Rulings – Belgium – Excess profit – Selectivity Tax HMRC confirms probe into 153 people suspected of aiding tax evasion News Aggregation Team Wednesday, September 15, 2021 1:00 am http://europe.managersofwealth.com/article/94617/hmrc-confirms-probe-into-153-people-suspected-of-aiding-tax-evasion “HMRC is determined to clamp down hard on anyone who aids in tax crimes, not just the perpetrator themselves,” commented Adam Craggs, Head of Tax Disputes and Partner at RPC. Tax S. Korea’s tax chief seeks cooperation with Denmark, Hungary News Aggregation Team Wednesday, September 15, 2021 1:00 am http://europe.managersofwealth.com/article/94626/s-koreaamprsquos-tax-chief-seeks-cooperation-with-denmark-hungary Hungary is the first Eastern European country to form a trading partnership with Korea. Tax Understanding UK Tax For British Expats Abroad News Team Wednesday, September 15, 2021 1:00 am http://europe.managersofwealth.com/article/94627/understanding-uk-tax-for-british-expats-abroad The tax year is pegged between April 6 one year and April 5 the following year. Tax Hansard Global: Results for the year ended 30 June 2021 News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94859/hansard-global-results-for-the-year-ended-30-june-2021 I would like to thank all our employees and distribution partners for their hard work and resilience in delivering this result. Retail Banking CaixaBank awarded ‘World's Best Bank Transformation’ by Euromoney News Team Friday, September 10, 2021 1:00 am http://europe.managersofwealth.com/article/94498/caixabank-awarded-amplsquoworldamp039s-best-bank-transformationamprsquo-by-euromoney International acknowledgement of one of the main consolidation operations in the financial sector Retail Banking Curtis Banks to integrate further with platforms News Aggregation Team Thursday, September 09, 2021 1:00 am http://europe.managersofwealth.com/article/94447/curtis-banks-to-integrate-further-with-platforms Its tech team is also developing more adviser tools, though no further detail has yet been given on what these could be. Retail Banking Sabadell seeks to cut 13% of workforce in Spain News Aggregation Team Friday, September 03, 2021 1:00 am http://europe.managersofwealth.com/article/94272/sabadell-seeks-to-cut-13-of-workforce-in-spain The actual number of job cuts could ultimately be lower. Retail Banking ING Bank Romania gross profit rises 19% News Aggregation Team Tuesday, August 31, 2021 1:00 am http://europe.managersofwealth.com/article/94135/ing-bank-romania-gross-profit-rises-19 The bank's revenues added an annual 6% in the January-June periof, reaching 1.1 billion lei. Retail Banking Italy state-owned bank MCC to access books on Monte Paschi assets -sources News Aggregation Team Tuesday, August 31, 2021 1:00 am http://europe.managersofwealth.com/article/94140/italy-state-owned-bank-mcc-to-access-books-on-monte-paschi-assets-sources The sources said Mediocredito Centrale was ready to take MPS branches in southern Italy Retail Banking KBC Bank Ireland sells substantially all of its remaining non-performing mortgage loan portfolio News Team Tuesday, August 31, 2021 1:00 am http://europe.managersofwealth.com/article/94145/kbc-bank-ireland-sells-substantially-all-of-its-remaining-non-performing-mortgage-loan-portfolio KBC Bank Ireland customers do not need to take any action as a result of today’s announcement. Retail Banking OTP Bank named Hungary's best digital bank News Aggregation Team Monday, August 30, 2021 1:00 am http://europe.managersofwealth.com/article/94110/otp-bank-named-hungaryamp039s-best-digital-bank OTP Bank says that it has always prioritized the migration to digital banking, with almost two million customers already using internet banking and mobile banking applications regularly before the outbreak. Retail Banking Sainsbury's in talks to offload banking arm to private equity group Centerbridge News Aggregation Team Sunday, August 29, 2021 1:00 am http://europe.managersofwealth.com/article/94105/sainsburyamp039s-in-talks-to-offload-banking-arm-to-private-equity-group-centerbridge A deal between Sainsbury's and Centerbridge Partners, which could be worth around £200m, is expected in the coming weeks, Sky News learns. Retail Banking Atom Bank reports £36 million loss News Aggregation Team Wednesday, August 25, 2021 1:00 am http://europe.managersofwealth.com/article/94037/atom-bank-reports-amppound36-million-loss Atom CEO Mark Mullen says the bank expects to deliver month-on-month profit later this year as it bids for longer-term earnings ahead of a possible future listing sometime in 2022/23. Retail Banking HMRC lacks data on pension annual allowance breaches News Aggregation Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94845/hmrc-lacks-data-on-pension-annual-allowance-breaches While DWP under fire for £1bn in underpaid pensions Pensions Forthplus Sipp remains shuttered News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94806/forthplus-sipp-remains-shuttered As it is forced to cancel pension transfers currently in progress Pensions Tenet tidies up DB permissions News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94809/tenet-tidies-up-db-permissions As some financial advisers in its network will no longer be able to process pension transfers Pensions Regulators to force DC pension schemes to detail charges News Aggregation Team Friday, September 17, 2021 1:00 am http://europe.managersofwealth.com/article/94678/regulators-to-force-dc-pension-schemes-to-detail-charges Defined contribution workplace pension schemes are already required to disclose the costs and charges that members can expect to bear or have borne to date. Pensions Capgemini wins contract with Pensions Dashboard Programme News Aggregation Team Monday, September 06, 2021 1:00 am http://europe.managersofwealth.com/article/94343/capgemini-wins-contract-with-pensions-dashboard-programme The firm will, over the next few months, deliver the pensions finder service, consent and authorisation service, and governance register for the ecosystem. Pensions FCA confirms periodic review of pension transfers redress guidance News Team Thursday, September 02, 2021 1:00 am http://europe.managersofwealth.com/article/94226/fca-confirms-periodic-review-of-pension-transfers-redress-guidance Confirm that we intend to start a periodic review of the redress guidance by the end of 2021. Pensions 17% of Brits trying to spend “every penny” of retirement savings News Team Thursday, September 02, 2021 1:00 am http://europe.managersofwealth.com/article/94247/17-of-brits-trying-to-spend-ampldquoevery-pennyamprdquo-of-retirement-savings The desire to ensure our savings last as long as we do naturally becomes important. Pensions Are pension savings subject to Inheritance Tax? The rules explained News Aggregation Team Sunday, August 29, 2021 1:00 am http://europe.managersofwealth.com/article/94107/are-pension-savings-subject-to-inheritance-tax-the-rules-explained Naturally, the taxman will be after his slice of any funds but if people are proactive and take early measures, they can ensure that their inheritance passes as cleanly as possible. Pensions Morrisons pension trustees raise concerns over £7bn takeover plan News Aggregation Team Wednesday, August 25, 2021 1:00 am http://europe.managersofwealth.com/article/94003/morrisons-pension-trustees-raise-concerns-over-amppound7bn-takeover-plan Trustees say more protection should be put in place before shareholders vote on private equity deal Pensions FSCS pays out £8.25m on failed adviser News Aggregation Team Thursday, July 08, 2021 1:00 am http://europe.managersofwealth.com/article/92665/fscs-pays-out-amppound825m-on-failed-adviser BlackStar Wealth Management, based in the West Midlands, was declared in default by the FSCS in January last year, five months after it appointed administrators. Pensions A first for Guernsey’s insurance ESG framework News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94839/a-first-for-guernseyamprsquos-insurance-esg-framework This announcement of the first accredited entity under the framework is a testament to our ambition to position ourselves at the forefront of ESG standards. Planet SOS Using private capital for public good News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94841/using-private-capital-for-public-good Together, the panelists talked about what the financial industry and policymakers must do to pave the road to net zero with green capital. Planet SOS A Journey and a Race: Helping build a net zero Economy News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94842/a-journey-and-a-race-helping-build-a-net-zero-economy We’ve pledged to become net zero for carbon emissions by 2050. Here’s how we plan to do it… Planet SOS Ecosystems bring dynamism and reinforce the decoupling of front-end and back-end systems News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94816/ecosystems-bring-dynamism-and-reinforce-the-decoupling-of-front-end-and-back-end-systems Despite minor differences of opinion, when it comes to the potential of technology development, it is clear that both will continue to address fundamental issues such as digitalisation and open banking. Planet SOS Unstoppable ESG momentum puts investment manager reporting in the spotlight News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94824/unstoppable-esg-momentum-puts-investment-manager-reporting-in-the-spotlight Generating real impact as a company stakeholder doesn’t happen overnight. In some cases, it could take up to five or ten years. Planet SOS The journey to net zero – climate risks and opportunities News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94827/the-journey-to-net-zero-ampndash-climate-risks-and-opportunities Climate and carbon emissions have created real financial exposure for companies. Planet SOS Why green bonds from European banks are pivotal to the low carbon transition News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94829/why-green-bonds-from-european-banks-are-pivotal-to-the-low-carbon-transition Market could reach €200bn in 2-3 years Planet SOS Investors lap up green gilt issuance, but proof will be in the pudding News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94802/investors-lap-up-green-gilt-issuance-but-proof-will-be-in-the-pudding While issuance appears to be a resounding success, the proof will be in the pudding for the bonds eventual effectiveness. Planet SOS Why public finance for climate matters News Aggregation Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94805/why-public-finance-for-climate-matters The EBRD works across 38 economies in three continents with a unique mandate that focuses on promoting market-oriented economies and private and entrepreneurial initiative. Planet SOS Are the short term attitudes of family businesses to ESG sustainable? News Team Wednesday, September 22, 2021 1:00 am http://europe.managersofwealth.com/article/94836/are-the-short-term-attitudes-of-family-businesses-to-esg-sustainable Part of the answer might lie in time horizon posed by the survey: two years is a very short period of time. Planet SOS EBRD mobilises private sector for Covid-19 response News Team Thursday, September 23, 2021 1:00 am http://europe.managersofwealth.com/article/94857/ebrd-mobilises-private-sector-for-covid-19-response With its mandate to develop and foster the private sector in the 38 economies on three continents where it currently operates, the EBRD is uniquely placed to support the effort to support the recovery from the pandemic and build back better economies, the Covid-19 Fifth of UK investors' "knocked off course" by Covid News Aggregation Team Monday, September 20, 2021 1:00 am http://europe.managersofwealth.com/article/94737/fifth-of-uk-investorsamp039-ampquotknocked-off-courseampquot-by-covid Findings included that more than a third (37%) of those without a financial adviser lacked confidence in the performance of their investments over the next 12 months Covid-19 France fine-tunes business aid as COVID-19 blank cheque ends News Aggregation Team Monday, August 30, 2021 1:00 am http://europe.managersofwealth.com/article/94116/france-fine-tunes-business-aid-as-covid-19-blank-cheque-ends The government wants to "look at what is really being lost, rather than just what is being said". Covid-19 EU and UK vaccination certificates can now be uploaded into IATA Travel Pass News Team Thursday, August 26, 2021 1:00 am http://europe.managersofwealth.com/article/94045/eu-and-uk-vaccination-certificates-can-now-be-uploaded-into-iata-travel-pass This information can be shared with airlines and border control authorities who can have the assurance that the certificate presented to them is genuine and belongs to the person presenting it. Covid-19 Deteriorating mental health and cybersecurity top HR risks News Aggregation Team Tuesday, August 17, 2021 1:00 am http://europe.managersofwealth.com/article/93825/deteriorating-mental-health-and-cybersecurity-top-hr-risks This is not only due to the isolation many people endured in the lockdown months though. Covid-19 Welfare fraud and errors cost UK a record 8 billion pounds during pandemic News Aggregation Team Monday, July 19, 2021 1:00 am http://europe.managersofwealth.com/article/92956/welfare-fraud-and-errors-cost-uk-a-record-8-billion-pounds-during-pandemic The NAO said nearly all the increase in fraud was linked to Universal Credit, Britain’s main method of supporting those out of work or on low incomes. Covid-19 Navigating the economy through the Covid crisis - speech by Dave Ramsden News Team Wednesday, July 14, 2021 1:00 am http://europe.managersofwealth.com/article/92870/navigating-the-economy-through-the-covid-crisis-speech-by-dave-ramsden Navigating the economy through the Covid crisis Covid-19 How Banks From Goldman to Citi Are Approaching the Return to Office News Aggregation Team Tuesday, July 06, 2021 1:00 am http://europe.managersofwealth.com/article/92587/how-banks-from-goldman-to-citi-are-approaching-the-return-to-office Standard Chartered Plc is wasting no time rolling out formal hybrid working agreements to its 85,000 staff globally, with 80% of staff now on flexible contracts Covid-19 Bank of America tells UK staff to have vaccine before they return News Aggregation Team Monday, July 05, 2021 1:00 am http://europe.managersofwealth.com/article/92537/bank-of-america-tells-uk-staff-to-have-vaccine-before-they-return Wall Street bank wants UK staff back at their desks in two weeks – but only if they’ve been jabbed Covid-19 Taxpayers could lose billions through pandemic support schemes News Aggregation Team Wednesday, June 30, 2021 1:00 am http://europe.managersofwealth.com/article/92411/taxpayers-could-lose-billions-through-pandemic-support-schemes Dame Meg Hillier MP, chair of the committee, says: “The government knows it is losing over £26bn a year to fraud and error in the tax and benefits systems, but admits to another £25bn it can’t even detect.” Covid-19