01/18/2018
MPs enter the fray over Barclays’ plan for pension scheme
Under ringfencing proposals, responsibility for paying £42 billion of pensions of Barclays staff is being shifted from the entire bank to the division
Pensions
01/16/2018
Insurers compete with fund managers for lucrative pension pots
The £1.6tn sitting in UK defined benefit schemes is up for grabs
01/15/2018
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
01/11/2018
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
01/11/2018
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.
01/10/2018
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.
01/01/2018
Plunging Pound Saps Expat Pension Spending Power
Brexit and the falling Pound is damaging the wealth of British expat pensioners around the world
12/28/2017
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
12/28/2017
Non-advised drawdown set for a shake-up in 2018
Several industry voices have already spoken about the dangers of introducing such a requirement.
12/20/2017
Stability aims in Swedish pension system to cull funds in market
A requirement for individual savers/investors’ signatures to approve fund selection and switching
12/20/2017
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.
12/18/2017
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
12/14/2017
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.
12/12/2017
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.
12/12/2017
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.
12/06/2017
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.
12/01/2017
Occupational pension schemes in Italy
Membership is open only to employees that meet the conditions set out by the agreement
12/01/2017
Master trust members face year of limbo
The Pension Regulator is then expected to complete its assessment schemes by October 2019.
11/29/2017
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.
11/13/2017
Cross border financial services provider to acquire Malta Pension firm
Shares were suspended from trading this morning ahead of the announcement.