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

Pension Funds With $680 Billion Finally Find Their Missing Link

The distortions wrought by a policy intended to keep the krone fixed to the euro are particularly pronounced in the pension industry.

At $30 Billion, Norway’s Other Wealth Fund Is Simply Too Big

The government will now go through the fund’s proposals and consider changes to its mandate, the ministry said in an emailed comment to Bloomberg. It didn’t provide a timeline.

Why the French pension system is so complicated

To perceive this attachment to particular regimes, we now have to return to the start of the 20th century, to a time when employers 'and employees' unions didn’t desire a state-run pension system.

Proposed enhanced powers for pensions regulation to impact D&Os in 2020

The Pension Schemes Bill 2019-2020 was finally introduced to Parliament in mid-October 2019 with a view to bringing these new powers (and other changes) into being.

Workplace pension savings plummet for those about to retire

The 25th percentile of pension savers shows an even bleaker picture with at least a quarter of 55-64-year-olds having built up savings of just £8,500 ahead of their retirement, a figure which has more than halved from £20,700 in 2014-16.

RPI reform to cost pension scheme members billions

This means that pension liabilities linked to RPI will be lower than they otherwise would be.

Standard Life locks drawdown price for retirees

As it reduces and simplifies charges for customers using its Wrap platform

Are You Complying With the PASA DB Transfer Guidance?

The Guidance includes various templates including an example quotation letter, settlement forms checklist and transfer template.

46% of FTSE 350 DB pensions schemes now in a surplus as total deficits fall by £16bn

Companies in the energy and consumer staples sectors saw the largest falls in their total deficits

Talbot and Muir acquires pension business from financial advice firm

The acquisition will add approximately 380 self-invested personal pensions (SIPPs) and 360 small self-administered schemes (SSASs)

Just Group migrates personal pension platform to Embark

The Embark platform provides a compelling pension proposition for those looking to outsource their pension arrangements.

Lloyds to Cut Chief Executive Horta-Osorio’s Pension Award

Horta-Osorio was paid more than 6 million pounds last year.

2020 must see the Government become bold on pensions

We are now in a world where more people than ever before are saving into workplace pensions and having more freedom over how to use their savings once they retire.

Pensions body joins climate risk group

The UK's PLSA represents more than 1,300 pension schemes with combined assets of over £1 trillion

British expats face losing £50k with pension freeze

Britons who decide to retire to a country with no social security agreement with the UK could lose as much as £50,000 in pension income over the years as a result of their pension being frozen.

Pension Schemes Bill (Part 1)

Directors, banks and investors put on notice as new criminal sanctions and regulatory powers are significantly wider than expected

FSCS receives 78 claims against firm linked to collapsed DFM

The FSCS said it is now accepting claims against Pension Calculator's principal NJ Associates, although that firm has not yet been declared in default.

UK fund trade body warns companies over existing directors' pensions

On Friday, the IA issued guidance for companies ahead of the 2020 season for annual general meetings and warned any company which did not have a “credible” plan in place to move existing directors to the less generous schemes would be called o

Sanlam asks network to stop DB transfers

"Our network members also have the freedom to guide their clients using Unbiased, where appropriate."

Lane Clark & Peacock eyes KPMG UK pensions advisory arm

This year has been a phenomenal year for LCP