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

Can most people afford to retire in the UK? by Penny Lovell

“The future belongs to those who prepare for it today.” Malcolm X

Brexit questions for expats

This will secure free movement of goods, services, persons and capital, meaning you would be free to continue working or setting up a business in Cyprus.

International pension funds buy London City airport

Three Canadian pension funds and the Kuwait Investment Authority have won the takeover battle for London City airport with an offer of about £2 billion ($3.9 billion). A consortium made up of Ontario Teachers' Pension Plan (OTPP), Borealis, AI

Is £50,001 the magic number for retirement planning?

Meanwhile, the raft of recent pension changes, far from giving people the sense of ‘freedom’ over their financial planning, has dented the confidence of a quarter of Britons nearing retirement

ESMA lists clearing-exempt pension scheme arrangements

The list does not include pension scheme arrangements under Article 2

Brexit would rob Netherlands of key ally on pensions, legal expert warns

Van Meerten said that Dutch schemes, with the help of their UK peers, had been largely successful in excluding pension funds from harmonised capital requirements for banks and insurers.

Pensions, taxes and the death of certainty by George Bull

This week, we have a distinct pensions flavour…

Thousands warned their pension may be at risk

Workers who were automatically enrolled into a pension at work may lose their savings

Gov't to toughen up workplace pension regulation

This included master trusts, the number of which have proliferated under auto-enrolment, which are easy to set up but in many cases may be too small to survive.

Only 1 in 5 pension members will use a financial adviser

A research poll found that just 1 in 5 of people would ask an adviser about their pension, leaving a huge guidance gap.

British expats in the EU fearing losing health, benefit and pension rights if UK leaves

They are particularly concerned about the current rights they have to benefits, pensions and healthcare which are currently protected by the UK’s membership of the EU.

UK 25% pension tax free lump sum in danger, say Royal London

The key difference between the two schemes is over when tax is paid. With the so-called “pensions Isa”, savings are made from after-tax income and no tax is paid on the interest or the investment returns when it comes to drawing down the funds

Alpha Real Capital Launches the Index Linked Income Fund

Alpha secured subscriptions for ILIF totalling £355m for the first close from nine UK pension schemes

How older savers are being let down by the banks

Customer complaints included branch closures forcing them to take long trips or cutting them off entirely from accessing services

HSBC Slashes Gulliver Pension By £250,000

HSBC had previously signalled it would bring its policy into line with that of other FTSE-100 companies.

RSA to plug pension hole as profits rise

The insurance giant RSA is set to clear a major hurdle in its turnaround by injecting millions of pounds into its sprawling pension scheme.

SJP comments on pension freedom for business owners

If you have not made a pension contribution this tax year, or in the previous three, you could also use the ‘carry forward’ rule to add up to £180,000 to your pot.

Just Retirement becomes “marketing partner” to SOLLA Enterprises

This follows the decision by Octopus Investments Limited to become a strategic partner in May 2015, and the decision by Partnership to actively support the SOLLA Standards initiative announced in September 2015.

Pensions and Politics: the fading romance by Penny Lovell

‘You cannot escape the responsibility of tomorrow by evading it today.’ Abraham Lincoln

Leading UK Pension Pool to Hit £45B

A trio of the country’s biggest public pensions plan to team up with a pioneering partnership to create a major pool of assets.