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

UK firms facing £10bn a year bill to fill pensions black hole after Brexit vote

It showed that the referendum alone sparked an £80bn shortfall within just 24 hours.

Aviva links up with LinkedIn to hunt for lost pensions

Pension provider in talks with social media platform over plan for UK’s biggest Treasure hunt to track down forgotten policies.

Why 1 in 8 pensioners live in France

This can be explained by the fact that French nationals make up the second largest group of pensioners, after Luxembourgish nationals, who represent over a third of the pensioners (36%).

Work and Pensions Committee publishes report on DB pension schemes

The Committee was tasked with recommending changes to the DB pensions sector which would reduce the likelihood of cases such as BHS happening again.

PLSA warns against classifying U.K. pension plans as retail investors under MiFID II

The FCA has proposed a provision for local authority pension funds to be classified as elected professional status.

UK companies look to sell off pension liabilities

Broker predicts a record number of deals in 2017 as interest rates rise

Pension deficits hit a record year-end high as experts warn on implications

Pension scheme deficits are still significantly larger than the levels at the start of the year and there appears to be no relief in sight for companies with large pension schemes.

Pension deadline nears for 800,000 small companies as they reach auto-enrolment staging date

The Pensions Regulator calculates that 1.46 million small firms in total will need to set up pension schemes.

Will Prudential be split into three separate firms to manage £45bn pension liabilities?

Its only remaining UK operation would be asset management business M&G.

Charles Stanley on what 2016 held for pensions

Mr Morgan added the announcement of the Lifetime Isa was the most significant news of the year for the pensions industry.

Scottish Widows to add to auto-enrolment proposition

Auto-enrolment rules require companies to re-enroll all employees who have opted out every three years.

DP Pensions on next wave of Sipp provider consolidation

"A few years ago, the Sipp market looked very different, there were around 150 providers and this had dropped to around 70 now.

Parliamentary committee calls for greater powers for U.K. Pensions Regulator

That report is set to be published early next year.

French and Italians living in UK face pension transfer block

HMRC move curbs transfer of funds to home countries

France backs Greece as spat over pension payout splits Europe

EU should respect the euro zone finance ministers' decision to offer debt relief

Round-up of pensions developments: November 2016

November possibly saw more than its fair share of pertinent legal news. In particular:

Top award for pension firm

Liberty’s director John Fox was presented with the award by the former All Blacks captain and Rugby World Cup winner Sean Fitzpatrick at a lavish event in the City of London.

Royal London calls for 'urgent' review of DB transfer rules

Royal London published a guide Five good reasons to transfer out of your company pension and five reasons not to

OECD calls for DC redesign and stronger education

OECD highlighted the need to improve DC design

Many Pension Funds Will Struggle To Close Their Funding Gap

New analysis shows pension funds could achieve the hat-trick of lowering risk.