Managers of Wealth - Europe http://europe.managersofwealth.com/ Sat, 19 Sep 2020 09:00:08 BST part of MediaG8way Group http://europe.managersofwealth.com/ http://europe.managersofwealth.com/assets/images/logo.png Managers of Wealth - Europe KohanaPHP Wealth manager gains £320m assets in IFA deal News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84210/wealth-manager-gains-amppound320m-assets-in-ifa-deal The company has been vocal in recent years about its plans expand through acquisition in both the UK and US, securing £80m of funding in September last year with investment management firm Pollen Street Capital to fund its pipeline. Wealth and Asset Management Aztec Group supports Deutsche Private Equity fund News Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84213/aztec-group-supports-deutsche-private-equity-fund Fund IV was significantly oversubscribed and has a global investor base spanning Europe, North America and Asia. Wealth and Asset Management Wealth Managers need to ‘Democratize’ their Service to Thrive in the Hyper Personalized, Digital Banking ERA,Warns Avaloq News Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84162/wealth-managers-need-to-amplsquodemocratizeamprsquo-their-service-to-thrive-in-the-hyper-personalized-digital-banking-erawarns-avaloq For Avaloq, these challenges can be traced back to four megatrends: wealth shifts, socio-behavioural changes, technological evolution and economic & monetary turmoil. Wealth and Asset Management Brooks pledges to transform adviser experience News Aggregation Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84163/brooks-pledges-to-transform-adviser-experience “Our digital experience for advisers and clients - complementing our face-to-face relationships - will be market-leading.” Wealth and Asset Management St. James's Place launches three retirement-focused funds News Aggregation Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84170/st-jamesamp039s-place-launches-three-retirement-focused-funds As a response, it is launching three new funds on 21 September, named Prudence InRetirement, Balance InRetirement and Growth InRetirement, to reflect their distinctive investment objectives. Wealth and Asset Management Credit Suisse AM partners with Qatar Investment Authority News Aggregation Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84171/credit-suisse-am-partners-with-qatar-investment-authority Credit Suisse Asset Management has partnered with Qatar Investment Authority to create a private credit platform. Wealth and Asset Management Wealth managers go global and thematic as UK equity flounders News Aggregation Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84172/wealth-managers-go-global-and-thematic-as-uk-equity-flounders The inaugural Citywire Club Survey has revealed that multi-asset managers have little confidence in the UK’s economic recovery from the Covid-19 market crash. Wealth and Asset Management Private bank looks to grow UK football manager client base News Aggregation Team Wednesday, September 16, 2020 1:00 am http://europe.managersofwealth.com/article/84110/private-bank-looks-to-grow-uk-football-manager-client-base Sport has seen its fair share of problems when it comes to financial planning Wealth and Asset Management Rothschild & Co Half year 2020 results News Team Wednesday, September 16, 2020 1:00 am http://europe.managersofwealth.com/article/84119/rothschild-ampamp-co-half-year-2020-results Robust results in the face of very challenging market conditions Wealth and Asset Management Handelsbanken cuts jobs as almost half its branches to close News Team Wednesday, September 16, 2020 1:00 am http://europe.managersofwealth.com/article/84121/handelsbanken-cuts-jobs-as-almost-half-its-branches-to-close This will be achieved through the granting of an even greater degree of decision-making authority and increased accessibility to specialist expertise, although in fewer locations. Wealth and Asset Management Triple triumph for Beckett Investment Management Group News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84189/triple-triumph-for-beckett-investment-management-group The East of England economy has been given a boost of confidence with a national business announcing a hat-trick of decisions to invest in the region. Executive Moves Tom Dobell to step down from M&G Recovery fund News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84190/tom-dobell-to-step-down-from-mampampg-recovery-fund Over his tenure the fund has delivered a 128 per cent cumulative return after fees. Executive Moves Bank of America is hiring students globally for its Paris office News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84202/bank-of-america-is-hiring-students-globally-for-its-paris-office Bank of America declined to comment on the split of graduate hires between Paris and London next year. The bank has yet to open EMEA recruitment for full time positions. Executive Moves Ex-Deutsche Bank, Morgan Stanley MD hiring for family office News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84208/ex-deutsche-bank-morgan-stanley-md-hiring-for-family-office Yoshida is the CEO of a new London-based merchant banking and capital markets division at Reech Corporations. Executive Moves 7IM appoints new Chairman of the Board News Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84209/7im-appoints-new-chairman-of-the-board This makes him ideally suited to the role of Chairman and we are delighted to welcome him to the board. Executive Moves Matt Paskin assumes the top job at Convex Re Bermuda News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84214/matt-paskin-assumes-the-top-job-at-convex-re-bermuda Meanwhile, Theo Butt has been appointed as chief executive of Convex Insurance UK, a position also formerly held by Brand. Executive Moves Addleshaw Goddard axes 22 real estate lawyers News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84216/addleshaw-goddard-axes-22-real-estate-lawyers The cuts at Addleshaws seem to have more to do with the UK real estate market, rather than a wider systemic issue. Executive Moves Tabula IM hires client development lead from BlackRock News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84224/tabula-im-hires-client-development-lead-from-blackrock He also worked as a research interest rate strategist at Commerzbank AG in Frankfurt, London and New York, predominantly covering Eurozone and US bond and inflation markets. Executive Moves IQ-EQ names Head of Depositary, UK News Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84225/iq-eq-names-head-of-depositary-uk Stuart will report to IQ-EQ’s Head of UK Fund Operations & Client Operations, Eoghan Harney Executive Moves One of Goldman's top IBD strats quit to do this News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84228/one-of-goldmanamp039s-top-ibd-strats-quit-to-do-this The precise nature of de Sibert's work at Goldman is heavily shrouded in confidentiality agreements. Executive Moves CaixaBank and Bankia Boards of Directors approve merger plan to create Spain’s leading bank News Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84187/caixabank-and-bankia-boards-of-directors-approve-merger-plan-to-create-spainamprsquos-leading-bank The Boards of Directors of both banks have approved the exchange ratio of 0.6845 new CaixaBank ordinary shares for every Bankia share. Legal, Regulation & Compliance BoE to ‘explore’ negative interest rates News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84191/boe-to-amplsquoexploreamprsquo-negative-interest-rates It is not the first time the central bank has signalled it would be open to using negative rates. Legal, Regulation & Compliance Is the FCA set for an advice suitability crackdown? News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84192/is-the-fca-set-for-an-advice-suitability-crackdown Thematic review into the implementation of regulations could be on the cards Legal, Regulation & Compliance Landmark Carey Pensions case to be appealed News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84193/landmark-carey-pensions-case-to-be-appealed Long-running legal dispute could have ‘real prospect of success’ Legal, Regulation & Compliance UK financial advice firm fails News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84194/uk-financial-advice-firm-fails Lifeboat scheme is now accepting claims against the company Legal, Regulation & Compliance Defaqto unveils drawdown guide for advisers News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84195/defaqto-unveils-drawdown-guide-for-advisers ‘Perfect storm’ created by pandemic shows need for planners to sharpen focus on risk Legal, Regulation & Compliance Bank of England looks harder at negative rates in case troubles deepen News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84196/bank-of-england-looks-harder-at-negative-rates-in-case-troubles-deepen Sterling fell sharply after the announcement, weakening by around 0.6% on the day against the U.S. dollar GBP= to below $1.29. Legal, Regulation & Compliance Deloitte fined £15m for audit failures ahead of Autonomy sale News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84197/deloitte-fined-amppound15m-for-audit-failures-ahead-of-autonomy-sale A tribunal finds that the company's work on the software firm's accounts fell "significantly" short of expected standards. Legal, Regulation & Compliance £500m after rental receipts decline News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84199/amppound500m-after-rental-receipts-decline Coronavirus forces Crown Estate revaluation as retailers and tenants struggle to make payments Legal, Regulation & Compliance Leaked EU draft proposes all-encompassing laws for crypto assets News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84203/leaked-eu-draft-proposes-all-encompassing-laws-for-crypto-assets The unknown is whether that may stifle this nascent and fast-moving space. Legal, Regulation & Compliance Iress wins ‘Best Adviser Solution’ at the Goodacre virtual awards News Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84215/iress-wins-amplsquobest-adviser-solutionamprsquo-at-the-goodacre-virtual-awards The awards ceremony was held virtually for the first time in its 18-year history. FinTech New WealthTech Views Report: How Distributed Ledger Technology & Blockchain are shaping the future of wealth & asset management News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84217/new-wealthtech-views-report-how-distributed-ledger-technology-ampamp-blockchain-are-shaping-the-future-of-wealth-ampamp-asset-management The report was created because the wealth and asset management sector continues to face challenges due to the unstoppable digitalization that is threatening traditional business models in finance. FinTech The fintech barbarians are no longer at the gate - they’ve been invited inside News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84219/the-fintech-barbarians-are-no-longer-at-the-gate-theyamprsquove-been-invited-inside The success of fintech has made banking better. FinTech Hackers target business owners with Covid-19 VAT deferral scam News Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84173/hackers-target-business-owners-with-covid-19-vat-deferral-scam In fact, we recently observed a 667% spike in coronavirus-related spear-phishing attacks from February compared to March, during the start of the UK’s lockdown. FinTech Crealogix recognised for “Best Client Self Service System” at Goodacre Financial Technology Awards 2020 News Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84175/crealogix-recognised-for-ampldquobest-client-self-service-systemamprdquo-at-goodacre-financial-technology-awards-2020 The judging panel awarded CREALOGIX with the “Best Client Self Service System” award for its innovative digital wealth management products. FinTech Sesame launches tech solution to FCA mortgage rule News Aggregation Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84177/sesame-launches-tech-solution-to-fca-mortgage-rule The bespoke tech solution is available exclusively to the network’s advisers. FinTech Klarna becomes Europe’s biggest fintech unicorn at over $10 billion valuation after mega-round News Aggregation Team Wednesday, September 16, 2020 1:00 am http://europe.managersofwealth.com/article/84111/klarna-becomes-europeamprsquos-biggest-fintech-unicorn-at-over-10-billion-valuation-after-mega-round Klarna nearly doubled its prior valuation in the new $650 million round, led by Silver Lake Partners, from $5.5 billion to $10.6 billion. FinTech BNP Paribas preps for post-trade DLT with smart contract apps News Aggregation Team Wednesday, September 16, 2020 1:00 am http://europe.managersofwealth.com/article/84126/bnp-paribas-preps-for-post-trade-dlt-with-smart-contract-apps We believe that DAML has the potential to emerge as a new standard for international capital markets. FinTech IA launches fintech guide for 'laggard' asset management industry News Aggregation Team Wednesday, September 16, 2020 1:00 am http://europe.managersofwealth.com/article/84141/ia-launches-fintech-guide-for-amp039laggardamp039-asset-management-industry Guidance for spotting potential tech partners FinTech Contemi Solutions Wins Best Corporate Actions Module Award for Second Year in a Row News Team Tuesday, September 15, 2020 1:00 am http://europe.managersofwealth.com/article/84078/contemi-solutions-wins-best-corporate-actions-module-award-for-second-year-in-a-row An examination of the key features of the preferred investment vehicle for many Japanese investors. FinTech Preqin opens new office in Dubai News Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84186/preqin-opens-new-office-in-dubai Permanent location established to serve the fast-growing client base in the Middle East Alternative Investments Dividends are far more resilient than earnings in a crisis and have been in previous crises too according to research paper from KBI Global Investors News Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84188/dividends-are-far-more-resilient-than-earnings-in-a-crisis-and-have-been-in-previous-crises-too-according-to-research-paper-from-kbi-global-investors The question is whether these high-profile events are representative of what is going on more broadly with dividends. Alternative Investments Cowen to acquire investment banking arm of MHT Partners News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84201/cowen-to-acquire-investment-banking-arm-of-mht-partners The acquisition of MHT Partners investment bank, subject to FINRA approval, comes as Cowen looks to expand coverage of middle-market companies. Alternative Investments ABN AMRO and ODDO BHF to join forces News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84200/abn-amro-and-oddo-bhf-to-join-forces ABN AMRO and ODDO BHF have the ambition to extend their partnership to the German market. Alternative Investments Pru and FNZ back legacy platform Legado News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84218/pru-and-fnz-back-legacy-platform-legado “Legado will be available on the FNZ App Store we have developed for platform customers.” Alternative Investments UK equity funds suffer £2.6bn August outflows News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84220/uk-equity-funds-suffer-amppound26bn-august-outflows Investor sentiment 'turns sour' Alternative Investments Investment matchmaker Murano launches consulting wing News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84227/investment-matchmaker-murano-launches-consulting-wing As the firm looks to diversify its offering, it has announced a significant development of its business with the launch of a new consulting division. Alternative Investments Societe Generale Securities Services partners with Société Générale Cameroun News Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84149/societe-generale-securities-services-partners-with-sociampeacutetampeacute-gampeacutenampeacuterale-cameroun Société Générale Cameroun and SGSS will now provide securities custody services from this local platform. Alternative Investments ESG, thematic and active ETFs set for strongest growth News Aggregation Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84152/esg-thematic-and-active-etfs-set-for-strongest-growth ESG, thematic and active ETFs are predicted to see the strongest growth over the coming two to three years as passive ETFs' majority slims, according to the Global ETF Study from JP Morgan Asset Management. Alternative Investments Aviva to cut 60 adviser jobs in financial planning arm News Aggregation Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84159/aviva-to-cut-60-adviser-jobs-in-financial-planning-arm But firm says this is not a ‘signal’ of it ‘pulling back’ from the sector Alternative Investments Brokers baffled by Barclays’ LTI move News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84212/brokers-baffled-by-barclaysamprsquo-lti-move Mr Gill commented it had “long been” part of the understanding between a client, broker and lender that once an application was submitted, the rate and terms were “secured”. Investment Banking Spanish Premier Picks the Risky Option Backing Catalan Bank Deal News Aggregation Team Wednesday, September 16, 2020 1:00 am http://europe.managersofwealth.com/article/84132/spanish-premier-picks-the-risky-option-backing-catalan-bank-deal Deal would give government a board seat at the new institution Investment Banking Despite COVID, junior bankers' compensation hiked to £86k+ News Aggregation Team Friday, September 11, 2020 1:00 am http://europe.managersofwealth.com/article/84003/despite-covid-junior-bankersamp039-compensation-hiked-to-amppound86k Second year analysts had their total compensation held steady this year. However, first year analysts weren't alone in receiving a pay bump: third year analysts had pay increased too. Investment Banking Deutsche Bank will Pay $583K to Settle Violation of Sanctions News Aggregation Team Friday, September 11, 2020 1:00 am http://europe.managersofwealth.com/article/84006/deutsche-bank-will-pay-583k-to-settle-violation-of-sanctions The release explained that at the time Deutsche Bank processed the transaction for the oil company, it “had reason to know” of this designation, given that it “closely coincided” with the date in which it was listed. Investment Banking JP Morgan sends half its bankers back to the office News Aggregation Team Tuesday, September 08, 2020 1:00 am http://europe.managersofwealth.com/article/83887/jp-morgan-sends-half-its-bankers-back-to-the-office They have set up airport check in-style barriers in the lobby outside lifts at its Bank Street building. Traders were the first to return in numbers as face-to-face contact “within shouting distance” during market opening hours is still consid Investment Banking Deal of the year: Deutsche Bank News Aggregation Team Monday, September 07, 2020 1:00 am http://europe.managersofwealth.com/article/83819/deal-of-the-year-deutsche-bank Asia Risk Awards 2020 Investment Banking HSBC’s looming pensions crisis: will the bank win the battle but lose the war? News Aggregation Team Friday, September 04, 2020 1:00 am http://europe.managersofwealth.com/article/83793/hsbcamprsquos-looming-pensions-crisis-will-the-bank-win-the-battle-but-lose-the-war This is the problem which HSBC faces. Investment Banking Blackrock launches thematic equity fund News Aggregation Team Tuesday, September 01, 2020 1:00 am http://europe.managersofwealth.com/article/83680/blackrock-launches-thematic-equity-fund The BGF Multi-Theme Equity fund gives investors access to five megatrends identified by the BlackRock Investment Institute (BII). Investment Banking Credit Suisse cuts back in London with Madrid move News Aggregation Team Tuesday, September 01, 2020 1:00 am http://europe.managersofwealth.com/article/83669/credit-suisse-cuts-back-in-london-with-madrid-move Credit Suisse's headquarters in Madrid is growing in importance as Britain leaves the European Union, with some jobs in London being switched to Spain Investment Banking Wholesale banking: ABN Amro cuts now, but ING is next News Aggregation Team Wednesday, August 19, 2020 1:00 am http://europe.managersofwealth.com/article/83385/wholesale-banking-abn-amro-cuts-now-but-ing-is-next Exits at ABN Amro, including its big operation in commodity trade finance, raise questions about ING, as both firms enjoy much better returns in Dutch retail lending. Investment Banking JPMorgan’s Top Europe Bankers See Rising M&A as Crisis Wanes News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84226/jpmorganamprsquos-top-europe-bankers-see-rising-mampampa-as-crisis-wanes “In many cases, it’s with the goal of investing in the future rather than just defensive moves.” Comment, Analysis & Research What the High Court ruling means for COVID-19 business interruption pay-outs News Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84148/what-the-high-court-ruling-means-for-covid-19-business-interruption-pay-outs Around 370,000 policyholders now have greater clarity on whether their insurance contracts should cover pandemic-related losses Comment, Analysis & Research Wealthy company owners at risk of ruining their personal reputation by ignoring pay gaps, finds new national survey News Aggregation Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84181/wealthy-company-owners-at-risk-of-ruining-their-personal-reputation-by-ignoring-pay-gaps-finds-new-national-survey Similarly, 58 per cent per cent of people would think worse of a company owner if one of their businesses was perceived to have unfairly large pay differentials between entry-level employees and executives. Comment, Analysis & Research Benefit from Open Banking – it’s all a question of APIs News Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84185/benefit-from-open-banking-ampndash-itamprsquos-all-a-question-of-apis In the European Union, PSD2 mandates that banks allow third party providers access to accounts at the customer’s request. Comment, Analysis & Research Rishi Sunak hails furlough scheme a success, but it won't be extended News Aggregation Team Wednesday, September 16, 2020 1:00 am http://europe.managersofwealth.com/article/84112/rishi-sunak-hails-furlough-scheme-a-success-but-it-wonamp039t-be-extended Chancellor Rishi Sunak has hailed the furlough scheme a success and said millions of jobs could have been lost during the coronavirus pandemic without it. Comment, Analysis & Research Zoom Time: What Family Offices Should Consider When Investing in Technology, Media and Telecommunicatiions News Aggregation Team Wednesday, September 16, 2020 1:00 am http://europe.managersofwealth.com/article/84114/zoom-time-what-family-offices-should-consider-when-investing-in-technology-media-and-telecommunicatiions Whether it is an artificial intelligence, internet publishing, television production, media outlet or communication company, all are highly dependent on the value of the IP assets on their balance sheets. Comment, Analysis & Research Morning Coffee: European banks contemplate massive job cuts. Citi says trading wins won't offset pain elsewhere News Aggregation Team Wednesday, September 16, 2020 1:00 am http://europe.managersofwealth.com/article/84131/morning-coffee-european-banks-contemplate-massive-job-cuts-citi-says-trading-wins-wonamp039t-offset-pain-elsewhere 74% of senior bankers don't want to go back to the office in September. 75% of respondents don't want to go back to the office full-time at all; most suggest two or three days a week would be ideal. Comment, Analysis & Research UK banks outperform Europe in reducing card fraud News Aggregation Team Wednesday, September 16, 2020 1:00 am http://europe.managersofwealth.com/article/84133/uk-banks-outperform-europe-in-reducing-card-fraud UK banks saw the largest single reduction of card fraud losses last year, down eight percent from 2018, according to a recent report. Comment, Analysis & Research Scotland economy back to growth and job-cutting least sharp in UK News Aggregation Team Tuesday, September 15, 2020 1:00 am http://europe.managersofwealth.com/article/84067/scotland-economy-back-to-growth-and-job-cutting-least-sharp-in-uk SCOTLAND’S private-sector economy grew in August at its fastest monthly pace for more than six years but staff numbers fell for a seventh consecutive month, albeit the employment decline was the least bad in the UK, a survey shows. Comment, Analysis & Research Merger rumours boost UBS and Credit Suisse shares News Aggregation Team Tuesday, September 15, 2020 1:00 am http://europe.managersofwealth.com/article/84072/merger-rumours-boost-ubs-and-credit-suisse-shares Shares of Credit Suisse and UBS moved to the top of SMI stocks on Monday morning after a media report said the Swiss banks were planning a merger. Comment, Analysis & Research Netherlands: 2021 budget includes significant corporate income tax changes News Aggregation Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84221/netherlands-2021-budget-includes-significant-corporate-income-tax-changes The previously planned reduction of the headline corporate income tax rate to 21.7% would be reversed, leaving the rate at 25%. Tax MPs told self-employed tax discrepancy ‘hard to justify’ News Aggregation Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84176/mps-told-self-employed-tax-discrepancy-amplsquohard-to-justifyamprsquo “I can’t say it will be easy but there has to be debate and the possibility of developing a roadmap with some degree of consensus that allows people to adjust and to get out of this mess.” Tax Weekly Tax Brief - 15 September 2020 News Aggregation Team Wednesday, September 16, 2020 1:00 am http://europe.managersofwealth.com/article/84122/weekly-tax-brief-15-september-2020 HMRC’s new policy on cancellation fees and early termination charges threatens telecoms and motor vehicle finance businesses with backdated VAT assessments, and the risk may spill over into compensation payments in other sectors. Tax Is Italy the Next Tax Haven? News Aggregation Team Tuesday, September 15, 2020 1:00 am http://europe.managersofwealth.com/article/84080/is-italy-the-next-tax-haven Many nations are tempting HNW individuals through tax relief and golden visas. Tax Weekly Tax Brief - 8 September 2020 News Team Wednesday, September 09, 2020 1:00 am http://europe.managersofwealth.com/article/83891/weekly-tax-brief-8-september-2020 Anyone can provide tax advisory services, with no requirement for qualifications or experience. Tax Chartered Financial Adviser's top 5 tax saving tips News Aggregation Team Tuesday, September 08, 2020 1:00 am http://europe.managersofwealth.com/article/83856/chartered-financial-adviseramp039s-top-5-tax-saving-tips Samantha Gibson, Financial Adviser, gives her top five tips for saving tax. Tax Taxpayers warned ahead of looming deadline News Aggregation Team Monday, September 07, 2020 1:00 am http://europe.managersofwealth.com/article/83839/taxpayers-warned-ahead-of-looming-deadline The deadline for settling the debt with the taxman was originally January 2020. Tax Who would be hit by the new tax rises being explored by the chancellor? News Aggregation Team Friday, September 04, 2020 1:00 am http://europe.managersofwealth.com/article/83784/who-would-be-hit-by-the-new-tax-rises-being-explored-by-the-chancellor Analysis: Briefings to newspapers suggest that the ‘better off’ would be affected by the specific tax increases the Treasury is considering. But is that true? Ben Chu investigates Tax Whistleblowing pushes HMRC tax evasion reports up 10% News Aggregation Team Wednesday, September 02, 2020 1:00 am http://europe.managersofwealth.com/article/83709/whistleblowing-pushes-hmrc-tax-evasion-reports-up-10 HMRC saw a 10% uptick in tax evasion reports to 73,000 in 2019/20, up from 66,000 last year, with whistleblowing causing increased probes. Tax £473k in payouts for those snitching on tax dodgers News Aggregation Team Tuesday, September 01, 2020 1:00 am http://europe.managersofwealth.com/article/83657/amppound473k-in-payouts-for-those-snitching-on-tax-dodgers Adam Craggs, the head of tax investigations at RPC, said: “Disgruntled employees may tip off HMRC as a way of getting back at their employer. Tax British Banks Brace for Deeper Slump by Pulling Mortgage Deals News Aggregation Team Sunday, September 13, 2020 1:00 am http://europe.managersofwealth.com/article/84022/british-banks-brace-for-deeper-slump-by-pulling-mortgage-deals The headlines mask the looming risks in the wake of a fight for mortgage market share that led to looser home-loan criteria in the past three years. Retail Banking EBRD to boost Raiffeisen Bank Albania’s lending capacity News Team Wednesday, September 09, 2020 1:00 am http://europe.managersofwealth.com/article/83925/ebrd-to-boost-raiffeisen-bank-albaniaamprsquos-lending-capacity The facility will strengthen Raiffeisen Bank Albania’s capacity to meet the financial needs of selected clients Retail Banking Banco Sabadell research a doable merger; BBVA, the chosen one News Aggregation Team Sunday, September 06, 2020 1:00 am http://europe.managersofwealth.com/article/83816/banco-sabadell-research-a-doable-merger-bbva-the-chosen-one The corporate chaired by Josep Oliu, the oldest lively banker, has all the time acknowledged taking note of doable unions and now, with the financial disaster brought on by COVID-19, it might be time to take action. Retail Banking Wales’ Leading Commercial Brokerage Launch Under New Name News Aggregation Team Sunday, September 06, 2020 1:00 am http://europe.managersofwealth.com/article/83818/walesamprsquo-leading-commercial-brokerage-launch-under-new-name “With the emergence and growth of those teams it has seen our regulated consumer business catch up our investment business, so we took the view to make our name less niche and more in line with our broader offering.” Retail Banking CaixaBank named “Best Consumer Bank in the World 2020” and “Best Digital Bank in consumer banking in Spain 2020” by Global Finance News Team Friday, September 04, 2020 1:00 am http://europe.managersofwealth.com/article/83802/caixabank-named-ampldquobest-consumer-bank-in-the-world-2020amprdquo-and-ampldquobest-digital-bank-in-consumer-banking-in-spain-2020amprdquo-by-global-finance These awards acknowledge and award innovation and excellence within the scope of banking. In addition, the CaixaBankNow app has been chosen the “Best mobile consumer banking application in Western Europe” for the third consecutive year. Retail Banking Fee structure helps Curtis Banks weather Covid storm News Aggregation Team Thursday, September 03, 2020 1:00 am http://europe.managersofwealth.com/article/83755/fee-structure-helps-curtis-banks-weather-covid-storm The provider's Sipp fees are based on a recurring annual fee and a number of additional fixed fees depending on the services provided to the Sipp. Retail Banking Cynergy Bank applies for £10 mn grant from the Banking Competition Remedies News Aggregation Team Monday, August 31, 2020 1:00 am http://europe.managersofwealth.com/article/83639/cynergy-bank-applies-for-amppound10-mn-grant-from-the-banking-competition-remedies Cynergy Bank stated that it will create the UK’s first digital relationship bank for the underserved SME section of the economy. Retail Banking Do consumer warnings on financial products work? News Aggregation Team Thursday, August 27, 2020 1:00 am http://europe.managersofwealth.com/article/83588/do-consumer-warnings-on-financial-products-work The Distance Marketing of Consumer Financial Services Directive has requirements that consumers receive detailed information from financial services providers before a contract is concluded. Retail Banking Co-operative Bank to cut 350 jobs News Aggregation Team Tuesday, August 25, 2020 1:00 am http://europe.managersofwealth.com/article/83522/co-operative-bank-to-cut-350-jobs In recent months the bank has not been immune to the effects of low interest rates hitting the income of lenders. Retail Banking TBC Bank Announces Unaudited Financial Results News Team Tuesday, August 18, 2020 1:00 am http://europe.managersofwealth.com/article/83337/tbc-bank-announces-unaudited-financial-results The financial performance measures presented in this report show our reported figures only, while the impact of the above mentioned COVID-19 related Retail Banking Royal Mail in new pensions row News Aggregation Team Monday, September 07, 2020 1:00 am http://europe.managersofwealth.com/article/83824/royal-mail-in-new-pensions-row Concerns have been raised that top bosses are getting higher pension contributions than new postal workers Pensions Wealthy savers pull their money from gold-plated final salary pensions News Aggregation Team Monday, August 31, 2020 1:00 am http://europe.managersofwealth.com/article/83632/wealthy-savers-pull-their-money-from-gold-plated-final-salary-pensions Fewer savers transferred their pensions during the early months of lockdown Pensions QNUPS Pensions For Expats Explained News Aggregation Team Thursday, July 30, 2020 1:00 am http://europe.managersofwealth.com/article/82910/qnups-pensions-for-expats-explained QNUPS stands for Qualifying Non UK Pension Scheme. Pensions PFS issues FSCS levy call to action News Aggregation Team Wednesday, July 29, 2020 1:00 am http://europe.managersofwealth.com/article/82868/pfs-issues-fscs-levy-call-to-action The PFS boss said: "The further increase in levies received by many firms last week has caused both anger and concern with many members asking what they can do. Pensions Chancellor could tweak the triple lock without breaking trust with retirees News Team Tuesday, June 30, 2020 1:00 am http://europe.managersofwealth.com/article/82106/chancellor-could-tweak-the-triple-lock-without-breaking-trust-with-retirees The triple lock ensures that state pension incomes are guaranteed to be uprated each year by wage growth, inflation or 2.5%; whichever is higher. Pensions 2 Danish pension funds chip into latest European green bond News Aggregation Team Friday, June 26, 2020 1:00 am http://europe.managersofwealth.com/article/82024/2-danish-pension-funds-chip-into-latest-european-green-bond The 560 billion kroner PFA Pension, Copenhagen, also invested in the bond, according to the release. Pensions FCA announces pensions value for money consultation News Team Thursday, June 25, 2020 1:00 am http://europe.managersofwealth.com/article/81990/fca-announces-pensions-value-for-money-consultation We would like to see more employers taking advantage of the £500 per employee per year tax-free advice allowance to enable the overall financial well-being of staff to be part of the benefits offering. Pensions Netherlands moves closer to defined contribution system News Aggregation Team Wednesday, June 17, 2020 1:00 am http://europe.managersofwealth.com/article/81758/netherlands-moves-closer-to-defined-contribution-system Pension funds with a funding ratio above 90% do not have to reduce their pension benefits, the Dutch Ministry of Social Affairs and Employment said. Pensions BNP Paribas Securities Services awarded securities lending mandate by Italy’s Fondoposte News Aggregation Team Thursday, June 11, 2020 1:00 am http://europe.managersofwealth.com/article/81619/bnp-paribas-securities-services-awarded-securities-lending-mandate-by-italyamprsquos-fondoposte The new mandate extends the relationship between the two firms, with the French custodian providing depositary banking services to Fondoposte since 2016. Pensions Surge in number of Brits fearful economic crash could derail retirement goals News Team Tuesday, May 19, 2020 1:00 am http://europe.managersofwealth.com/article/80993/surge-in-number-of-brits-fearful-economic-crash-could-derail-retirement-goals The figure marks a significant annual rise of 45% in the number of people who now believe a serious downturn to be the biggest threat to their retirement goals (up from 20% in 2019). Pensions Brexit countdown: Big changes are coming on 1 January 2021 whatever happens as negotiation tensions rise News Aggregation Team Thursday, September 17, 2020 1:00 am http://europe.managersofwealth.com/article/84164/brexit-countdown-big-changes-are-coming-on-1-january-2021-whatever-happens-as-negotiation-tensions-rise This note provides a brief update on prospects for a deal, the implications for business with or without one and where to find more information and assistance to navigate the changes. Brexit Brexit - tips to insulate investments from the risks of no-deal News Team Friday, September 11, 2020 1:00 am http://europe.managersofwealth.com/article/83977/brexit-tips-to-insulate-investments-from-the-risks-of-no-deal The effects of political decisions like Brexit create volatility in financial markets and that has a knock on effect on personal investments. Brexit Legal threat over ‘unfair’ Brexit deal News Aggregation Team Monday, August 17, 2020 1:00 am http://europe.managersofwealth.com/article/83303/legal-threat-over-amplsquounfairamprsquo-brexit-deal Industry groups claim the new Trader Support Service will destroy businesses that provided customs brokerage services themselves Brexit What's happening in the post-Brexit trade talks next week? News Team Thursday, August 13, 2020 1:00 am http://europe.managersofwealth.com/article/83247/whatamp039s-happening-in-the-post-brexit-trade-talks-next-week Markets have been preoccupied this year with COVID-19 and tensions between the US and China. Brexit What does the post-Brexit future hold for City of London fund managers? News Aggregation Team Sunday, August 02, 2020 1:00 am http://europe.managersofwealth.com/article/82973/what-does-the-post-brexit-future-hold-for-city-of-london-fund-managers UK aims to build on the global standing of its £9tn fund sector but big challenges abound Brexit Benefits and certainty of Guernsey’s UK and EU access underlined as Brexit talks miss deadline News Team Monday, July 27, 2020 1:00 am http://europe.managersofwealth.com/article/82792/benefits-and-certainty-of-guernseyamprsquos-uk-and-eu-access-underlined-as-brexit-talks-miss-deadline Guernsey continues to have well-established cooperation agreements in place, which leaves the island in a strong and certain position. Brexit Brexit reshuffle sees profit at Barclays' Irish arm hit €76m News Aggregation Team Friday, June 05, 2020 1:00 am http://europe.managersofwealth.com/article/81454/brexit-reshuffle-sees-profit-at-barclaysamp039-irish-arm-hit-ampeuro76m The Irish arm had 1,563 full-time equivalent employees at the end of December, compared to 912 a year earlier. Brexit Banks hedging Brexit bets amidst COVID-19 uncertainty News Aggregation Team Friday, May 08, 2020 1:00 am http://europe.managersofwealth.com/article/80764/banks-hedging-brexit-bets-amidst-covid-19-uncertainty Despite the UK officially leaving the EU on March 31, banks are working to a final relocation deadline of December 31 which marks the end of the Brexit transition period and the cut-off point for the UK to strike a trade agreement or leave the EU without Brexit UK business post-Brexit – Is your company ready? News Team Thursday, April 23, 2020 1:00 am http://europe.managersofwealth.com/article/80374/uk-business-post-brexit-ampndash-is-your-company-ready The UK government has confirmed that the rights of EU citizens living in the UK will remain the same until 30 June 2021. Brexit Wealth Creators Post Brexit News Team Tuesday, March 10, 2020 12:00 am http://europe.managersofwealth.com/article/79182/wealth-creators-post-brexit There are other aspects such as the Right to Property, which is not un-useful but the cases in which this has helped are slim. Brexit Sberbank’s ESG Committee announces results of first three months of its work News Team Friday, September 18, 2020 1:00 am http://europe.managersofwealth.com/article/84222/sberbankamprsquos-esg-committee-announces-results-of-first-three-months-of-its-work The Committee was established on June 5, 2020, which is World Environment Day, with the goal of ensuring that the bank and its ecosystem companies comply with ESG principles. Planet SOS $33tr investor fund pressures EU to increase climate change targets News Aggregation Team Wednesday, September 16, 2020 1:00 am http://europe.managersofwealth.com/article/84135/33tr-investor-fund-pressures-eu-to-increase-climate-change-targets A group of global financiers with $33tr under investment have called on the EU to set a goal of cutting greenhouse gas emissions by 55 per cent by 2030, in a step up from its current plan of 40 per cent. Planet SOS World’s largest carbon market faces revamp under EU plan News Aggregation Team Sunday, September 13, 2020 1:00 am http://europe.managersofwealth.com/article/84016/worldamprsquos-largest-carbon-market-faces-revamp-under-eu-plan Fossil fuel taxes, tighter permit caps and production cuts proposed in bid to meet 2050 zero emission target Planet SOS How UK insurer Wesleyan is implementing its ESG strategy News Aggregation Team Friday, September 11, 2020 1:00 am http://europe.managersofwealth.com/article/83988/how-uk-insurer-wesleyan-is-implementing-its-esg-strategy British insurers generally lead their Asian peers in practising ESG investment – and Wesleyan is, in turn, ahead of most UK rivals. The firm's experience is a useful case study. Planet SOS AIIB and Amundi launch Asian climate change framework News Aggregation Team Thursday, September 10, 2020 1:00 am http://europe.managersofwealth.com/article/83938/aiib-and-amundi-launch-asian-climate-change-framework The global climate challenge is a huge threat to our world and urgent multilateral action is needed to address this crisis and help our members meet their commitments to the Paris Agreement. Planet SOS University of Oxford and Lombard Odier launch strategic partnership on Sustainable Investment News Team Thursday, September 10, 2020 1:00 am http://europe.managersofwealth.com/article/83954/university-of-oxford-and-lombard-odier-launch-strategic-partnership-on-sustainable-investment It will support sustainable finance in becoming a major field of academic research globally, and harness the vast potential of the financial sector to drive environmental, social and economic Planet SOS Private equity cannot afford to leave out ESG News Aggregation Team Wednesday, September 09, 2020 1:00 am http://europe.managersofwealth.com/article/83923/private-equity-cannot-afford-to-leave-out-esg Investment firms should look at ESG policies, data, and practices as an aggregated layer of value that is embedded everywhere, from the company culture to the mathematical way money is allocated. Planet SOS Investors will not “save the world” from climate change without action from policymakers, finds CAMRADATA white paper News Aggregation Team Wednesday, September 09, 2020 1:00 am http://europe.managersofwealth.com/article/83943/investors-will-not-ampldquosave-the-worldamprdquo-from-climate-change-without-action-from-policymakers-finds-camradata-white-paper Today in the context of the pandemic crisis, climate change is not being pushed off the table. Planet SOS Thailand securities regulator inks low-carbon economic growth pact with the UK News Aggregation Team Monday, September 07, 2020 1:00 am http://europe.managersofwealth.com/article/83820/thailand-securities-regulator-inks-low-carbon-economic-growth-pact-with-the-uk The collaboration will be done through two Southeast Asian programmes funded by the UK’s Prosperity Fund, a £1.2 billion (US$1.6 billion) fund set up in 2015 to help support inclusive growth and reduce poverty in partner countries. Planet SOS Research: ESG preferences probed in majority of adviser fact-finds News Aggregation Team Friday, September 04, 2020 1:00 am http://europe.managersofwealth.com/article/83786/research-esg-preferences-probed-in-majority-of-adviser-fact-finds Charles Stanley surveys 100 advisers and over 1,000 consumers on responsible investing Planet SOS Goldman Sachs joins JPMorgan in asserting return to work after coronavirus office closures News Aggregation Team Sunday, September 13, 2020 1:00 am http://europe.managersofwealth.com/article/84024/goldman-sachs-joins-jpmorgan-in-asserting-return-to-work-after-coronavirus-office-closures Since mid-March, most Wall Street retailers and bankers have been working remotely; nonetheless with New York’s COVID-19 an an infection always remaining beneath 1% over the earlier month, corporations are beginning to grapple with how — or wh Covid-19 The disruption caused by Covid-19 means that fintech’s time has come News Aggregation Team Thursday, September 03, 2020 1:00 am http://europe.managersofwealth.com/article/83754/the-disruption-caused-by-covid-19-means-that-fintechamprsquos-time-has-come Yet it’s clear that the pandemic is accelerating the need for financial innovation and disruption. Covid-19 Coronavirus: Which parts of the UK are recovering fastest after lockdown? News Aggregation Team Tuesday, September 01, 2020 1:00 am http://europe.managersofwealth.com/article/83646/coronavirus-which-parts-of-the-uk-are-recovering-fastest-after-lockdown The comparative lack of people returning to city centres will fuel fears about the continuing impact on the "lunchtime economy" and the prospects for businesses such as coffee and sandwich shops. Covid-19 How Britain's high streets are recovering after lockdown – visual analysis News Aggregation Team Tuesday, September 01, 2020 1:00 am http://europe.managersofwealth.com/article/83647/how-britainamp039s-high-streets-are-recovering-after-lockdown-ampndash-visual-analysis Data reveals that three in 10 shops hadn’t reopened after coronavirus restrictions were lifted – with some areas lagging further behind than others Covid-19 Coronavirus: Directors' duties under new UK insolvency laws News Team Thursday, August 20, 2020 1:00 am http://europe.managersofwealth.com/article/83391/coronavirus-directorsamp039-duties-under-new-uk-insolvency-laws Faced with this spectre of personal liability, you might opt for the safe haven of placing a distressed company into administration or some other formal insolvency process, under the supervision of a licensed insolvency practitioner. Covid-19 Pandemic increases millennial anxiety around finances News Aggregation Team Tuesday, August 18, 2020 1:00 am http://europe.managersofwealth.com/article/83359/pandemic-increases-millennial-anxiety-around-finances Two in five UK workers of all ages reported increased financial anxiety in the wake of the Coronavirus pandemic, according to the new report from Close Brothers. Covid-19 Banks step up plans to close branches and cut jobs in blow to Covid-hit high street News Aggregation Team Monday, August 17, 2020 1:00 am http://europe.managersofwealth.com/article/83304/banks-step-up-plans-to-close-branches-and-cut-jobs-in-blow-to-covid-hit-high-street A major shift online and declining use of cash threaten to deal another hit to the high street Covid-19 COVID-19 and the great reset: Briefing note #18 News Team Friday, August 14, 2020 1:00 am http://europe.managersofwealth.com/article/83277/covid-19-and-the-great-reset-briefing-note-18 The abrupt halt of global travel during the COVID-19 crisis, aside from delaying personal trips and vacations, has had a major impact on businesses across sectors. Covid-19 Planners expect demand for advice to grow following pandemic News Aggregation Team Thursday, August 13, 2020 1:00 am http://europe.managersofwealth.com/article/83263/planners-expect-demand-for-advice-to-grow-following-pandemic This compares to 67% when they were questioned at the start of the year. Covid-19 HMRC admits overpayment on Covid grants to self-employed News Aggregation Team Wednesday, August 12, 2020 1:00 am http://europe.managersofwealth.com/article/83212/hmrc-admits-overpayment-on-covid-grants-to-self-employed An HMRC spokesperson said: “We have robust processes in place to prevent grants being paid incorrectly but a small number of people were paid grants in error and some received an incorrect amount. Covid-19