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

Insurers compete with fund managers for lucrative pension pots

The £1.6tn sitting in UK defined benefit schemes is up for grabs

Deutsche AM to manage German pension fund's €1bn property portfolio

German pension fund Bayerische Ärzteversorgung (BAV) is outsourcing the management of a €1bn global property portfolio to Deutsche Asset Management

Norway’s sovereign wealth fund eyes private equity investing

Should the ministry permit investment in private equity, Norges Bank "will approach investment opportunities and build expertise gradually

Hope for pension advisers in new FCA rules

Part of the problem, according to Mr Bradshaw, is the time these processes take to be completed, with some cases taking around 33 weeks.

Regulating master trusts what next?

This should help employers to provide access to arrangements which aim to deliver as good an outcome as possible for employees.

Plunging Pound Saps Expat Pension Spending Power

Brexit and the falling Pound is damaging the wealth of British expat pensioners around the world

Pressure grows on HMRC to clarify pension transfer tax rule

HM Revenue & Customs has been urged to clarify the circumstances when inheritance tax will apply to pension transfers. Jessica List, pension technical manager at Suffolk Life, said the fact HMRC has not issued clear guidance on the matter meant advi

Non-advised drawdown set for a shake-up in 2018

Several industry voices have already spoken about the dangers of introducing such a requirement.

Stability aims in Swedish pension system to cull funds in market

A requirement for individual savers/investors’ signatures to approve fund selection and switching

Risk management high on Portuguese pension funds' radar - WTW

Schemes generated a median return of 1.0% over the period, up from 0.2% for the second quarter.

Boost for fossil fuel divestment as UK eases pension rules

Exclusive: pension schemes will be free to dump fossil fuel investments after government drops ‘best returns’ legal rules

Over 25% of EU pensions could struggle to meet obligations warns regulator

The regulator said that 195 Institutions for Occupational Retirement Provision took part in the tests.

Pension fund management services provided by non-insurers subject to VAT under EU law, court says

Until 1 January 2005, UK VAT legislation treated pension fund management services provided by insurers as exempt from VAT, but those provided by non-insurers as standard rated.

State Street takes stake in PensionBee

As a result of the financing, PensionBee will be expanding its white-label product line to offer pension consolidation services to banks and life companies.

Sovereign acquires Gibraltar book from Concept

Sovereign Group has acquired the pensions business of Concept Trustees (Gibraltar), including all of the pension schemes under the Aurora Europa brand, from Concept Group.

Occupational pension schemes in Italy

Membership is open only to employees that meet the conditions set out by the agreement

Master trust members face year of limbo

The Pension Regulator is then expected to complete its assessment schemes by October 2019.

IPE Awards: PensionDanmark scoops European Pension Fund of the Year

ABB was also recognised as the top pension fund in Switzerland in the country awards.

Cross border financial services provider to acquire Malta Pension firm

Shares were suspended from trading this morning ahead of the announcement.

Old Mutual On How To Meet FCA's Pension Transfer Rules

Pensions Specialist Of Old Mutual Wealth, Said Advisers Need To Consider Inflation