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

Nearly half of financial planners to retire in next five years: survey

The average retirement age is 52, although 35% intend to retire before they turn 50, and only 6% plan to wait until they are 60 or older.

Banks have a year to shift clearing from London to EU: Eurex

The EU wants to directly supervise clearing worth trillions in euro rate swaps and Euribor futures, and rely less on a post-Brexit London.

EY announces 9 key recommendations to boost investment and make Europe more competitive

The action plan follows last month’s publication of the first survey’s installment that found FDI into Europe declined in 2023

Protection sector given masterclass on building Gen Z audience

The annual event attracts trailblazing young people from the protection sector, who share insights into the changing landscape of Generation Z.

Oxford Risk launches new app aimed at improving financial outcomes for investors

The suitability solution Investor Compass, on intelliflo office, is designed to support better outcomes for retail investors.

Newcastle Financial Advisers Strengthen Offering with Acquisition of Financial Planning Business

Newcastle Financial Advisers Limited is a subsidiary of Newcastle Building Society, and provides financial advice across its 32 Newcastle Building Society branch locations.

Baggable boutiques: The rise of the next generation of startups

Amid the tough operating environment for smaller investment companies, a new generation of launches are coming to market

Aviva adds new tools to adviser platform in next stage of ‘evolution’

The alliance aims to “drive adviser efficiencies” and enable advisers to pick and choose the services they use more effectively.

CII boss: industry can struggle to ‘articulate the value’ of insurance

“The insurance industry is a means of facilitating that social bargain.”

ABI’s Braun awarded OBE for services to pensions

Ms Braun leads the ABI’s strategy and policy across long-term savings, health and protection insurance.

Private equity giants face deadline for Hargreaves Lansdown bid

The platform’s recent struggles include a controversial association with the now-defunct Neil Woodford’s funds

Eric Sturdza Investments launches small and mid-cap US strategy

The Strategic US Opportunities Fund’s portfolio typically holds 20 to 50 positions.

The Psychology of Adviser Replacement

As part of this process, most boards will give their existing adviser an opportunity to demonstrate their expertise and commitment.

DeVere Group expands in Portugal with ‘ambitious plans’ for the jurisdiction

The current hub office with a 25-strong team is in the city of Porto

CaixaBank and COFIDES finance Acciona in the construction of a desalination plant in Morocco

The plant will be built in the southwest of Casablanca and will serve five cities, with an installed capacity of 300 million cubic metres per year mainly for human consumption.

Guardian increases payouts on critical-illness cover

The exception to this is for low-risk non-melanoma cancer, which remains at 10% of the cover amount up to the same maximum.

European shares open higher as tech, banks shine

The technology sub-index .SX8P led sectoral gains with a 1.2% jump, while European banks .SX7E advanced more than 1%.

Birmingham investment manager achieves Chartered status

It provides investment solutions for clients, families, trusts and charities.

Sustainable Growth, Sharper Focus, Enhanced Returns

Legal & General sets out refreshed strategy and financial targets.

Hedge fund performance up but asset inflows down: Preqin

Preqin’s All Hedge Funds Index was 1.7 per cent lower at end of April, during which public markets were affected by “disappointing economics”.

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