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

Brunel Picks Two Managers to Run Low-Volatility Portfolio

Low-risk global stock portfolio expected to grow by £200 million for UK pension fund.

Pension fat cats face MP probe: Huge payments to FTSE 100 bosses spark call for inquiry

The practice is now also facing a crackdown by the Investment Association

Top bosses forced into pensions climbdown

This weekend British Gas owner Centrica, property giant British Land, energy network National Grid, plumbing distributor Ferguson and rental company Ashtead are understood to be reviewing their executive pension policies with a view to cutting payout

Seven myths about pensions busted

Automatic enrolment started in autumn 2012, amid concerns people were living for longer but not saving enough for their later years.

Lloyds comes under fire over Horta-Osório’s pension perks

Staff protest as anger at exclusive final salary scheme grows

Major banks accused of ‘pensions racket’ for senior executives

Major Tier 1 banks in the UK are under fire from shareholders and professional organizations over massive pension contributions and lump sums that are not available to other staff, and are being disguised. Transparency, eh?

Hargreaves's McPhail to chair transfers group

Mr McPhail, who is also head of policy at Hargreaves Lansdown, has explained why he is committed to Star.

Insurance boss warns pension shake-up plans are ‘terrifying’

Chief of life insurer PIC warns superfund proposals could hit scheme protections

PIMFA Calls Retirement Outcomes Review from FCA an Opportunity Missed for Consumer Engagement

The pensions advice allowance remains an obvious tool for consumers who have never accessed advice to use in order to better understand their options and the implications of their product choices.

LEBC expresses concerns over record numbers accessing pension plans/record withdrawals

People deserve the facts prior to making a decision, not after, when it is too late to reverse their decision.

From truffle trees to sunken treasure, beware of unregulated investments in your pension

Self-invested personal pensions, or Sipps, give us the freedom to invest in what we want.

Wealthy expats are looking at Portugal for retirement

The NHR status is also attractive to retirees as most withdrawals from UK pensions taken as income or lump sums are completely tax-free in the first 10 years living there.

Malta implements sweeping changes to pension regulations rules

There are also stricter rules when it comes to investing

Belgium adopts IORP II law with transitional measures

The key IORP II implementation elements for Belgian pension funds, according to Sommerijns, were the risk management function and own risk assessment requirements.

DB transfer compensation doubles in two years

The FSCS data was requested by Nick Smith, MP for Blaenau Gwent in south Wales, who told the FT the fact the payouts have doubled is “absolutely shocking”.

Single Financial Guidance Body gets to work

The new body is sponsored by the Department for Work and Pensions

Consulting industry shifting beyond its traditional client base

Investor groups targeted by the consulting industry include family offices; private wealth management; and registered investment advisers and broker/dealers.

Early retirees use an essential tool to build wealth, but obsessing over it can backfire

"You need to be able to track your income, expenses, and net worth. It needs to be staring you in the face every day. Once you start seeing these key metrics improving regularly, it will spur you to dig into the details and find opportunities to grow

Consultation into pension ‘superfunds’ launched

While the outlook for the vast majority of schemes is positive, in that members can expect to receive the pensions they have been promised, there are some schemes where the outlook is much more uncertain, the consultation document said.

FCA threatens action on pension transfer advisers

It is important that firms act now to make any necessary changes