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

UK pensions freedoms working well but some issues remain, says Eversheds

Francois Barker, head of pensions at Eversheds, has commented on news that UK pensions freedoms are proving very popular.

Overseas advisers offered access to support on DB transfers

QROPS provider Sovereign has teamed up with Alexander Beard to give overseas advisers access to the FCA-regulated advice now required for transfers out of defined benefit schemes.

Pension freedom: the first 100 days

100 days ago saw the introduction of the most radical changes to pensions in more than 100 years.

Pension Trust assets now at more than £7bn

The Pensions Trust, one of the leading workplace pension funds in the UK, has seen its assets increase to more than £7billion, a rise of 18 per cent from May 2014.

Central Bank of Iceland to allow pension funds to invest abroad again

The total authorized investment in foreign securities by pension funds, as well as other domestic providers of personal saving schemes, will be 10 billion Icelandic krona ($76 million,) said a spokeswoman for the central bank.

Cashing in pensions: Back to the pirate days

In a way the pension freedoms you hear so much about have taken us back to the old pirate days when some of the first pensions were paid.

Private equity is a pension aid for the young

Twentysomethings can enjoy benefits of longer-term investment

AXA Dramatically De-Risks Internal Pension

Reinsurance Group of America has helped the French insurer and asset manager de-risk its UK pension.

Star Dutch CIO to Lead UK Electricity Pension

Power 100 alum Rob Schreur is moving to the UK to oversee National Grid’s new pension strategy.

Axa completes £2.8bn deal to protect pensions from risk of longer lives

Half of liabilities of final salary scheme transferred to US reinsurer in latest longevity swap

Momentum Pensions secures majority stake in SIPP business

QROPS provider Momentum Pensions Group has raised its stake in UK Self Invested Personal Pension business, Momentum Pensions Ltd (MPL), to 80%.

Prudential cleared over pension transfer to Capita Oak scheme

The Pensions Ombudsman has rejected a complaint of maladministration against Prudential after it granted a transfer request into a suspicious pension scheme.

SJP and Standard Life are pension freedom winners

Companies such as Aviva UK life, Legal and General and Prudential UK life have a medium ability to grow

Polarisation of the UK life sector resulting from the pension reforms -Moody's

Moody's says there remains some uncertainty around Solvency II capital requirements, especially for annuity writers, although the rating agency expects the industry to benefit from transitional measures and overall to be compliant with the new capita

Greece offers pension and tax reforms for debt relief, aid

Greece submitted to its eurozone creditors on Thursday a bailout plan proposing a pensions reform and tax hikes.

McKinlay Lands Lloyds, HBOS Pension CIO Role

One of the top pension roles in the UK has been scooped by a CIO Power 100 member.

Chancellor expected to tinker with high-earners’ pensions – but could salary sacrifice be next? Leading pensions tax expert warns

“It’s well-known that The Chancellor is expected to hit pensions for higher earners cutting their annual allowance to £10,000 as a trade-off for a crowd pleasing end of inheritance tax on family homes worth up to £1 million.

Pensions