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

Mount Sterling launches white label Sipp

The Sipp will allow a wide range of investments including traded equities, investment funds and DFMs.

Transforming for an unpredictable future

The need for full operational transparency within the Life & Pensions sector has never been greater and is the key to implementing significant change rapidly and successfully says Roger Warner at ISG.

U.K. pension funding deficit continued to grow in September

The funded ratio also decreased over the month

Dunstan Thomas Imago helps AEGON Retirement Choices & Retireready

Dunstan Thomas has helped brand AEGON illustrations and handle integrations with a portfolio of other front and back office tools

Punter Southall to acquire Ashcourt Rowan business, double DC advisory clients

The deal will increase the number of DC clients for PSG to 800 and will add regional offices in the English cities of Leeds, York and Manchester.

Warning over new state pension top up scheme

Shadow Pensions Minister warns that new scheme could leave some pensioners out of pocket

Pension funds are the new banks – Towers Watson

Pension funds are set to commit billions more to alternative credit and private debt funds in the years ahead, according to the investment consultancy Towers Watson – which says the theme remains one of its top investment recommendations.

UK company pension insurance deals seen totalling 10 billion pounds in 2015 - Aon Hewitt

These "bulk annuity" deals are a good source of income for UK life insurers, particularly after government pensions reform has at least halved the sale of individual annuities.

State pension top-up scheme to be launched

People will be able to boost their state pension income by up to £1,300 a year when a new "top up" scheme is launched tomorrow.

Millions can pay to boost UK state pension

Millions of pensioners and those approaching retirement will have the chance to boost their state pension income by up to £25 per week with the launch of a new offer.

The new pension freedoms are transforming asset management

The effects for asset managers were less immediate and took longer to work out, but there can be little doubt now of the upside for fund management groups – if they get their strategy and delivery right.

Industry cautious on pension Isa proposals

The pensions industry has come out against changing the tax relief structure to turn retirement savings into Isas

L&G chief executive calls for flat UK pension tax rate

Currently basic rate taxpayers get 20 percent tax relief when they save for a pension, while higher earners benefit from a 40-45 percent tax relief.

Pension freedom fuels rise in ‘lifestyle’ business take-up

The relaxation of pension rules is helping fuel a rise in people swapping nine-to-five careers for ‘lifestyle’ businesses across Yorkshire.

London Pensions Fund Authority to take half of assets in-house

The move comes at a time when investment companies are being criticised heavily for not providing value for money.

Pension fund for Royal Mail grows assets by £2.1bn as yields plummet

The pension fund for staff of the newly privatised UK postal service saw assets increase to £6.5bn from £3.9bn over the year to April.

Prudential enters non-advised drawdown market

The Pension Choices Plan facilitates the full range of pension freedom reforms aimed at Prudential customers who choose not to take financial advice.

People’s Pension: Robo-advice can be delivered for less than £100 per head

There was no reason why each member could not receive advice for less than £100 per head

Origo to develop pension dashboard capability for industry

A service to help people keep track of their pension pots will be developed over the next couple of years by ecommerce firm Origo.

Benefits of UK pension scheme mergers outweigh risks for Treasury

A bitter war looks set to engulf the UK’s 150 public sector pension schemes that are under increasing pressure to cut costs by pooling their resources