Managers of Wealth - Europe https://europe.managersofwealth.com/ Fri, 09 May 2025 04:34:00 BST part of MediaG8way Group https://europe.managersofwealth.com/ https://europe.managersofwealth.com/assets/images/logo.png Managers of Wealth - Europe KohanaPHP Schroders sponsored report by Impact Investing Institute identifies long-term investment opportunities for wealth managers in impact space News Aggregation Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123049/schroders-sponsored-report-by-impact-investing-institute-identifies-long-term-investment-opportunities-for-wealth-managers-in-impact-space The new report delivers key insights into the demand drivers for impact investing and how this area of investment can provide value to both clients and wealth managers. Wealth and Asset Management Leonteq announces changes to its organisation News Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123051/leonteq-announces-changes-to-its-organisation Leonteq will resize its Executive Committee from 7 to 5 members with immediate effect. Wealth and Asset Management Evelyn Partners trading update for the three months ended 31 March 2025 News Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123052/evelyn-partners-trading-update-for-the-three-months-ended-31-march-2025 At the end of Q1 the Group successfully completed the sale of its professional services business as it strategically refocuses solely on wealth management. Wealth and Asset Management Retirement Planning drives demand for bespoke investment services News Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123057/retirement-planning-drives-demand-for-bespoke-investment-services Around 93% of advisers questioned say that it is driving increased interest in bespoke investment services. Wealth and Asset Management BBVA Opens Its Third International Private Banking Hub in Spain, Following the U.S. and Switzerland News Aggregation Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123058/bbva-opens-its-third-international-private-banking-hub-in-spain-following-the-us-and-switzerland The new unit, based in Madrid, has 5 professionals dedicated to international clients Wealth and Asset Management Ticino wealth managers join forces News Aggregation Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123022/ticino-wealth-managers-join-forces The Agenda Invest team have joined Vector Wealth Management. Wealth and Asset Management Joint Statement from GAM Investments and Fermat Capital Management regarding GAM FCM Cat Bond Fund (BVI) News Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123023/joint-statement-from-gam-investments-and-fermat-capital-management-regarding-gam-fcm-cat-bond-fund-bvi The BVI Fund will undergo an orderly and managed transition to Fermat. Wealth and Asset Management Quilter Cheviot Europe acquires Irish investment advisory firm, GillenMarkets News Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123030/quilter-cheviot-europe-acquires-irish-investment-advisory-firm-gillenmarkets This new acquisition will help expand QCE’s presence in Ireland and continue to evolve its integrated investment management Wealth and Asset Management £36m Downing fund transfers to Tyndall News Aggregation Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123040/amppound36m-downing-fund-transfers-to-tyndall Co-managers Mike Clements and Pras Jeyanandhan join Tyndall IM Wealth and Asset Management Waystone To Acquire Leading Luxembourg ManCo, BIL Manage Invest News Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123042/waystone-to-acquire-leading-luxembourg-manco-bil-manage-invest BIL Manage Invest has built a strong reputation for its expertise and client-centric approach in the fund industry. Wealth and Asset Management Citi hires JPMorgan veteran for wealth business News Aggregation Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123046/citi-hires-jpmorgan-veteran-for-wealth-business Russell Budnick joins Citi Wealth as global head of capital markets Executive Moves Credit Suisse Veteran Joins Private Bank News Aggregation Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123053/credit-suisse-veteran-joins-private-bank Sébastien Pesenti has recently become the head of Indosuez Wealth Management’s domestic business in Ticino, Switzerland Executive Moves Julius Baer managing director retires News Aggregation Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123054/julius-baer-managing-director-retires Paul Van Neste retires after nearly 15 years at Julius Baer. Executive Moves Nucleus appoints group Chief Risk Officer News Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123055/nucleus-appoints-group-chief-risk-officer Louis joins Nucleus from Brooks McDonald Executive Moves Zurich Private Bank Appoints Prominent New Board Member News Aggregation Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123060/zurich-private-bank-appoints-prominent-new-board-member She succeeds Peter Altorfer, who declined to stand for re-election. Executive Moves Selector 100 fund buyer exits for senior role at German private bank News Aggregation Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123061/selector-100-fund-buyer-exits-for-senior-role-at-german-private-bank Multi-asset specialist to assume head of portfolio management position at new employer. Executive Moves Waverton and London & Capital appoints Nick Hammond to lead the Private Wealth and US Private Wealth businesses News Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123020/waverton-and-london-ampamp-capital-appoints-nick-hammond-to-lead-the-private-wealth-and-us-private-wealth-businesses The strategic hire comes as the merged firms prepare to formally unite under a single brand, W1M, in June. Executive Moves Mirabaud & Cie (Europe) SA strengthens its governance with the appointment of Carlo Thill to its Board of Directors News Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123021/mirabaud-ampamp-cie-europe-sa-strengthens-its-governance-with-the-appointment-of-carlo-thill-to-its-board-of-directors This appointment is part of the Group’s strategy to consolidate its governance structure in Luxembourg and support its strategic development in Europe. Executive Moves Saxo hires Michelle West as UK head of compliance News Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123029/saxo-hires-michelle-west-as-uk-head-of-compliance In her role, Michelle will focus on further enhancing Saxo’s risk and compliance functions, ensuring Saxo maintains the highest standards of operational integrity. Executive Moves Flagstone appoints former MoneySupermarket executive to drive billion-pound growth strategy News Aggregation Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123035/flagstone-appoints-former-moneysupermarket-executive-to-drive-billion-pound-growth-strategy He brings with him two decades of experience with some of the UK’s fast-growing, consumer-facing finance brands. Executive Moves FCA consults on steps to simplify mortgage rules News Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123045/fca-consults-on-steps-to-simplify-mortgage-rules This will include consideration of risk appetite and responsible risk-taking, alternative affordability testing and product innovation, lending into later life and consumer information needs. Legal, Regulation & Compliance Appointed representatives data News Aggregation Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123044/appointed-representatives-data The appointed representatives (AR) regime plays a crucial role in how consumers interact with financial services. Legal, Regulation & Compliance JTC Group General Counsel Named in the Legal 500 GC Powerlist Netherlands for 2025 News Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123065/jtc-group-general-counsel-named-in-the-legal-500-gc-powerlist-netherlands-for-2025 The GC Powerlist highlights the very best general counsels and senior in-house legal counsels in the Netherlands following a comprehensive research process conducted over many months. Legal, Regulation & Compliance ECB staff contribution to the European Commission’s targeted consultation on the application of the market risk prudential framework News Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123034/ecb-staff-contribution-to-the-european-commissionamprsquos-targeted-consultation-on-the-application-of-the-market-risk-prudential-framework Banks will need to continue running both the old and new systems in parallel Legal, Regulation & Compliance ECB partners with private sector through digital euro innovation platform News Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/122992/ecb-partners-with-private-sector-through-digital-euro-innovation-platform The innovation platform simulates the envisaged digital euro ecosystem Legal, Regulation & Compliance ESMA consults on rules for ESG Rating Providers News Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/122996/esma-consults-on-rules-for-esg-rating-providers ESG rating providers who carry out activities other than the provision of ESG ratings. Legal, Regulation & Compliance The Rise of Direct Lending in Landmark Deals News Aggregation Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/123004/the-rise-of-direct-lending-in-landmark-deals Private credit is growing rapidly, and direct lending is playing an increasingly critical role in transactions that once would have found financing in the public markets. Legal, Regulation & Compliance FOS reports 49% surge in complaints News Aggregation Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/123005/fos-reports-49-surge-in-complaints The banking and credit sector accounted for the majority, with 109,155 complaints — an increase of nearly 76% from the previous year. Legal, Regulation & Compliance EU Antitrust Ruling on UniCredit’s Banco BPM Takeover Expected by Early June News Aggregation Team Monday, May 05, 2025 1:00 am https://europe.managersofwealth.com/article/122985/eu-antitrust-ruling-on-unicreditamprsquos-banco-bpm-takeover-expected-by-early-june EU Antitrust Ruling on UniCredit’s Banco BPM Takeover Expected by Early June Legal, Regulation & Compliance Bank of England's renewed RTGS service goes live News Aggregation Team Friday, May 02, 2025 1:00 am https://europe.managersofwealth.com/article/122954/bank-of-englandamp039s-renewed-rtgs-service-goes-live On 28 April, our renewed RTGS service – known as RT2 – went live. Legal, Regulation & Compliance Software expert: How AI can help financial advisors News Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123059/software-expert-how-ai-can-help-financial-advisors By analyzing historical data and identifying patterns, AI provides insights that can be incorporated into investment strategies and risk assessments. FinTech Ant International Partners with Barclays on Global Treasury Management with Proprietary AI-Powered FX Model News Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123027/ant-international-partners-with-barclays-on-global-treasury-management-with-proprietary-ai-powered-fx-model The Time-Series Transformer AI FX Model forecasts cashflow and FX exposure with more than 90% accuracy, helping businesses reduce FX-related fees FinTech Commission supports investment in digitalisation and innovation News Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123039/commission-supports-investment-in-digitalisation-and-innovation At the same time, it clearly supports maintaining the canton's majority stake in BEKB and supports recurring financial assistance for the CSEM's Medtech Center in Bern. FinTech Banque Raiffeisen taps nCino to drive cloud banking transformation News Aggregation Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/123019/banque-raiffeisen-taps-ncino-to-drive-cloud-banking-transformation The collaboration aims to improve the bank’s digital banking capabilities by implementing the nCino Platform to simplify loan and credit chain management. FinTech Co-op apologies after hackers access ‘significant’ amount of customer data News Aggregation Team Monday, May 05, 2025 1:00 am https://europe.managersofwealth.com/article/122980/co-op-apologies-after-hackers-access-amplsquosignificantamprsquo-amount-of-customer-data The compromised data included names and contact details FinTech FCA seeks feedback on regulation of cryptoasset trading platforms in next phase of road to regulation News Team Friday, May 02, 2025 1:00 am https://europe.managersofwealth.com/article/122963/fca-seeks-feedback-on-regulation-of-cryptoasset-trading-platforms-in-next-phase-of-road-to-regulation With more people using credit to purchase crypto, the DP also considers whether restrictions should be applied in that area. FinTech IFGS 2025: Is it time for wealthtech to take the stage? News Team Friday, May 02, 2025 1:00 am https://europe.managersofwealth.com/article/122965/ifgs-2025-is-it-time-for-wealthtech-to-take-the-stage French noted that there is merit in keeping things simple FinTech What financial advisors can learn from influencers News Team Thursday, May 01, 2025 1:00 am https://europe.managersofwealth.com/article/122943/what-financial-advisors-can-learn-from-influencers So-called “finfluencers” like Richtsteiger often reach hundreds of thousands of followers – and thus achieve a greater reach than many traditional media channels. FinTech FE fundinfo acquires AI platform Lunar AI News Aggregation Team Wednesday, April 30, 2025 1:00 am https://europe.managersofwealth.com/article/122921/fe-fundinfo-acquires-ai-platform-lunar-ai The deal will strengthen FE fundinfo’s Nexus platform FinTech SIX expands global fixed income data coverage with new comprehensive offering News Team Tuesday, April 29, 2025 1:00 am https://europe.managersofwealth.com/article/122882/six-expands-global-fixed-income-data-coverage-with-new-comprehensive-offering SIX's new offering delivers reliable fixed income data to banks, asset managers, wealth managers, and hedge funds worldwide. FinTech Scottish Widows Platform integrates investment suitability software tool News Aggregation Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123047/scottish-widows-platform-integrates-investment-suitability-software-tool This will help advisers match their clients to tailored investment options. Alternative Investments Will the real money pivot to Europe? News Aggregation Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123048/will-the-real-money-pivot-to-europe Money managers may be slowly moving assets out of the US Alternative Investments ZEDRA welcomes corporate service provider Alan & Luca as its latest strategic investment News Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123062/zedra-welcomes-corporate-service-provider-alan-ampamp-luca-as-its-latest-strategic-investment This latest collaboration enhances ZEDRA’s position as a leading Corporate & Global Expansion service provider, supporting companies with cross-border operations. Alternative Investments Laying the groundwork: How emerging managers can pre-market a strategy in Europe without setting up a fund News Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123063/laying-the-groundwork-how-emerging-managers-can-pre-market-a-strategy-in-europe-without-setting-up-a-fund This is particularly valuable for first-time managers who want to validate demand before launching and going through the process, and cost, of setting up a fund. Alternative Investments BoE cuts rates, but more drastic action being considered in light of trade turmoil News Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123066/boe-cuts-rates-but-more-drastic-action-being-considered-in-light-of-trade-turmoil Investors are betting on three further rate cuts this year as rising risks to growth look likely to supersede inflationary threats in the coming months. Alternative Investments Zurich starts new financial cycle with solid growth and strong capitalization News Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123067/zurich-starts-new-financial-cycle-with-solid-growth-and-strong-capitalization Life insurance continued its profitable growth with an increase in gross premiums 1 of 18%, supported primarily by the business with unit-linked, capital-efficient savings and pension protection products Alternative Investments AFM members pay record £91.5m in IP claims in 2024 News Aggregation Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123024/afm-members-pay-record-amppound915m-in-ip-claims-in-2024 The average claim amounted to £29,948. Alternative Investments European markets mixed, Erste Group Bank rises 8% after acquiring stake in Santander’s Polish unit News Aggregation Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123026/european-markets-mixed-erste-group-bank-rises-8-after-acquiring-stake-in-santanderamprsquos-polish-unit Germany’s DAX ended the session 1.1% higher and Italy’s FTSE MIB was 0.4% higher while the French CAC 40 fell 0.55%. Alternative Investments Funds Europe Awards 2025: Standing out in a crowded asset servicing market News Aggregation Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/123002/funds-europe-awards-2025-standing-out-in-a-crowded-asset-servicing-market Margaret Delman, asset-servicing expert and member of the Funds Europe Awards judging panel, explains how custodians can distinguish themselves in a commoditised market. Alternative Investments Nomura Acquires Macquarie’s Listed Asset Management Business in the United States and Europe News Aggregation Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/123012/nomura-acquires-macquarieamprsquos-listed-asset-management-business-in-the-united-states-and-europe It will also provide Nomura with a scalable hub, based in Philadelphia, to continue growing its international Investment Management business Alternative Investments European bank traders deliver best results in more than a decade News Aggregation Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/122993/european-bank-traders-deliver-best-results-in-more-than-a-decade UBS, BNP Paribas, SocGen, Barclays and Deutsche Bank reported €13bn in combined first-quarter trading revenues Investment Banking Saxo Bank Switzerland is moving forward News Aggregation Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/122999/saxo-bank-switzerland-is-moving-forward Saxo Bank claims to be the first neobank to offer this service to its clients. Investment Banking Danske Bank posts profit beat and expects moderate tariff impact in Nordic market News Aggregation Team Friday, May 02, 2025 1:00 am https://europe.managersofwealth.com/article/122961/danske-bank-posts-profit-beat-and-expects-moderate-tariff-impact-in-nordic-market The Nordic region has so far been resilient, with strong economic data across the region and Danske Bank said its first-quarter results reflected this. Investment Banking SocGen's BNP hire hasn't helped trading revenues, but that's ok News Aggregation Team Thursday, May 01, 2025 1:00 am https://europe.managersofwealth.com/article/122946/socgenamp039s-bnp-hire-hasnamp039t-helped-trading-revenues-but-thatamp039s-ok Slawomir Krupa, SocGen’s CEO and former investment banking chief, probably sleeps just fine at night. Investment Banking Barclays one of the winners of tariff volatility, but eye needs to be kept on loan losses News Team Wednesday, April 30, 2025 1:00 am https://europe.managersofwealth.com/article/122913/barclays-one-of-the-winners-of-tariff-volatility-but-eye-needs-to-be-kept-on-loan-losses Barclays has been on somewhat of a good run of momentum and these results represent a further quarter of progress towards its 2026 targets set out two years ago. Investment Banking The Netherlands - Revised growth forecasts in response to the US tariffs News Team Friday, April 25, 2025 1:00 am https://europe.managersofwealth.com/article/122817/the-netherlands-revised-growth-forecasts-in-response-to-the-us-tariffs They likely provide a short term boost to households’ purchasing power, but structural investments lack. Investment Banking Oddo BHF’s Ambitious Plan in Switzerland News Aggregation Team Tuesday, April 08, 2025 1:00 am https://europe.managersofwealth.com/article/122541/oddo-bhfamprsquos-ambitious-plan-in-switzerland Since then, the Franco-German financial group has made notable strides—particularly in corporate finance—as its investment banking arm gains significant traction. Investment Banking Barclays offers zero deposit mortgage for Right to Buy applicants News Team Tuesday, April 08, 2025 1:00 am https://europe.managersofwealth.com/article/122554/barclays-offers-zero-deposit-mortgage-for-right-to-buy-applicants Barclays will use the RTB discount in place of a direct deposit, whilst borrowers will also receive the benefit of the reduced rates available for lower Loan-to-Value (LTV) mortgages. Investment Banking BBVA pays €0.41 per share this Thursday and reaches its highest dividend in 17 years in 2024 News Team Monday, April 07, 2025 1:00 am https://europe.managersofwealth.com/article/122534/bbva-pays-ampeuro041-per-share-this-thursday-and-reaches-its-highest-dividend-in-17-years-in-2024 Through dividends and the buyback, the bank will return a combined €5.03 billion to shareholders this year, half of its 2024 profit. Investment Banking Danske Bank expands its investment universe for defence shares News Team Wednesday, April 02, 2025 1:00 am https://europe.managersofwealth.com/article/122434/danske-bank-expands-its-investment-universe-for-defence-shares The investment policies and exclusion lists govern which companies our asset management business at Danske Bank Asset Management and Danica can invest in. Investment Banking 15.3 million people today are at risk of retirement poverty News Aggregation Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123050/153-million-people-today-are-at-risk-of-retirement-poverty Across the population, as many as half (50%) know they aren’t saving enough for retirement, with certain key groups facing even worse outcomes. Comment, Analysis & Research ARC benchmark MPS Index goes live with performance data back to 2013 News Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123056/arc-benchmark-mps-index-goes-live-with-performance-data-back-to-2013 Ranking functionality will be available later this year for IFAs to further support comparison between models Comment, Analysis & Research House prices rise marginally as interest rate decision looms News Team Thursday, May 08, 2025 1:00 am https://europe.managersofwealth.com/article/123064/house-prices-rise-marginally-as-interest-rate-decision-looms While activity may have surged earlier in the year, prices are now responding to a more subdued, post-incentive environment. Comment, Analysis & Research International payment rails: the value of a harmonised gauge − speech by Sarah Breeden News Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123025/international-payment-rails-the-value-of-a-harmonised-gauge-ampminus-speech-by-sarah-breeden Based on remarks given on the Global State of Digital Asset Regulations: Regulatory Harmonisation on Digital Assets Panel at the Point Zero Forum 2025 Comment, Analysis & Research Q1 2025 update: positive flows in Schroders Capital and Wealth Management News Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/122995/q1-2025-update-positive-flows-in-schroders-capital-and-wealth-management In Public Markets, client demand for risk mitigation strategies drove inflows into core solutions which were more than offset by outflows from equities and multi-asset. Comment, Analysis & Research Reforms to the UK AIFMD regime News Team Monday, May 05, 2025 1:00 am https://europe.managersofwealth.com/article/122976/reforms-to-the-uk-aifmd-regime Restructuring and streamlining Comment, Analysis & Research Barclays Research Expects AI to Recast Global Supply Chains and Labor Markets News Team Monday, May 05, 2025 1:00 am https://europe.managersofwealth.com/article/122984/barclays-research-expects-ai-to-recast-global-supply-chains-and-labor-markets In the 70th edition of Barclays flagship Equity Gilt Study, Barclays Research analysts take stock of the AI revolution and examine the implications labor markets, energy, and global supply chains. Comment, Analysis & Research Women as CEOs of their households: The hidden investment skills News Team Friday, May 02, 2025 1:00 am https://europe.managersofwealth.com/article/122949/women-as-ceos-of-their-households-the-hidden-investment-skills Our Senior Investment Director, Rachael Marsden, explores how women, often the CEOs of their households, possess invaluable financial management skills. Comment, Analysis & Research Retirement planning: securing your future with Brown Shipley News Team Friday, May 02, 2025 1:00 am https://europe.managersofwealth.com/article/122950/retirement-planning-securing-your-future-with-brown-shipley With over two centuries of experience in private banking and wealth management, we're uniquely positioned to guide you through the complexities of retirement planning. Comment, Analysis & Research Senior executives: a practical guide to planning your retirement and optimising your assets News Team Friday, May 02, 2025 1:00 am https://europe.managersofwealth.com/article/122964/senior-executives-a-practical-guide-to-planning-your-retirement-and-optimising-your-assets In an increasingly fragmented world, geopolitical tensions can have a major impact on the wealth of senior executives. Comment, Analysis & Research Caitlin Southall: Pension reform or punishment? Unpicking the IHT debate News Aggregation Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123033/caitlin-southall-pension-reform-or-punishment-unpicking-the-iht-debate Like many in the industry, we identified a range of practical problems, not least for SSASs, which have unique structural characteristics. Tax Labour taxes edge up in the OECD as real wages recover in 2024 News Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/122994/labour-taxes-edge-up-in-the-oecd-as-real-wages-recover-in-2024 The report looks at eight stylised household types, which vary by income level and household composition. Tax FOI data shows just 2% of estates use this IHT mitigation rule but its use set to skyrocket News Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/123006/foi-data-shows-just-2-of-estates-use-this-iht-mitigation-rule-but-its-use-set-to-skyrocket This equates to less than 2% of inheritance tax (IHT) paying estates. Tax Is it time to end the private equity tax loophole on carry? News Aggregation Team Friday, May 02, 2025 1:00 am https://europe.managersofwealth.com/article/122955/is-it-time-to-end-the-private-equity-tax-loophole-on-carry Ironically, if taxation on private equity is increased in the US, it is now more likely that it will be at the hands of the Republicans, traditionally the party of finance and low taxation. Tax HMRC simplifies tax reporting as more taxpayers face Self Assessment amid shrinking allowances News Aggregation Team Tuesday, April 29, 2025 1:00 am https://europe.managersofwealth.com/article/122871/hmrc-simplifies-tax-reporting-as-more-taxpayers-face-self-assessment-amid-shrinking-allowances Up to 300,000 taxpayers could be removed from the requirement to complete a Self Assessment return, with a new digital reporting service introduced for those with modest additional income. Tax Ex-EY and PwC executives launch Unity Advisory to challenge Big Four in UK – report News Aggregation Team Monday, April 28, 2025 1:00 am https://europe.managersofwealth.com/article/122851/ex-ey-and-pwc-executives-launch-unity-advisory-to-challenge-big-four-in-uk-ampndash-report Backed by up to $300m (£225.54m) from Warburg Pincus, the venture is due to commence operations by June. Tax Advisers adapting to tax, tech and generational shifts: FE fundinfo survey News Aggregation Team Friday, April 25, 2025 1:00 am https://europe.managersofwealth.com/article/122839/advisers-adapting-to-tax-tech-and-generational-shifts-fe-fundinfo-survey In a session delving into the ‘evolving wealth management landscape’ held yesterday, Stephen Ford highlighted that the looming overhaul of the UK’s tax framework formed a big theme. Tax UK Spring Statement 2025: tax anti-avoidance rules with criminal sanction target staffing supply chain News Team Thursday, April 24, 2025 1:00 am https://europe.managersofwealth.com/article/122776/uk-spring-statement-2025-tax-anti-avoidance-rules-with-criminal-sanction-target-staffing-supply-chain Users and suppliers of contingent workers can expect a more hostile HMRC in addition to proposed 'umbrella' legislation Tax BDO Switzerland increases revenue – except in Financial Services News Aggregation Team Thursday, April 24, 2025 1:00 am https://europe.managersofwealth.com/article/122782/bdo-switzerland-increases-revenue-ampndash-except-in-financial-services New regulatory requirements and structural changes in the financial market shaped the fiscal year. Tax IHT tax take hits new high, up over 10% News Aggregation Team Thursday, April 24, 2025 1:00 am https://europe.managersofwealth.com/article/122789/iht-tax-take-hits-new-high-up-over-10 CGT receipts hit £399m in March 2025, slightly lower than last year Tax Santander Sells Bulk of Polish Banking Business for $7.9 Billion News Aggregation Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/123001/santander-sells-bulk-of-polish-banking-business-for-79-billion Under the terms of the agreement, Santander will sell Erste approximately 49% of Santander Polska’s share capital and 50% of the Polish asset management business that Santander Polska does not own. Retail Banking Santander extends standard new build offer validity to nine months News Aggregation Team Tuesday, May 06, 2025 1:00 am https://europe.managersofwealth.com/article/123018/santander-extends-standard-new-build-offer-validity-to-nine-months The extension is designed to help brokers and their customers alleviate concerns should a building completion that take longer than expected, providing greater certainty when buying a new build home. Retail Banking NatWest closing 25 branches in these areas as customers make 'dramatic change' News Aggregation Team Monday, May 05, 2025 1:00 am https://europe.managersofwealth.com/article/122982/natwest-closing-25-branches-in-these-areas-as-customers-make-amp039dramatic-changeamp039 Lloyds Banking Group, which comprises Lloyds Bank, Halifax and Bank of Scotland, has shut down 1,321, with a further 53 set to close this year. Retail Banking Lloyds and Halifax to close 14 bank branches in June - full list News Aggregation Team Monday, May 05, 2025 1:00 am https://europe.managersofwealth.com/article/122983/lloyds-and-halifax-to-close-14-bank-branches-in-june-full-list Lloyds Banking Group is set to close at least 254 branches in 2025 and 2026. Retail Banking Citadele started the year with strong growth and development of digital services News Team Friday, May 02, 2025 1:00 am https://europe.managersofwealth.com/article/122972/citadele-started-the-year-with-strong-growth-and-development-of-digital-services The strong results at the beginning of 2025 are particularly important for Citadele Bank's growing role in promoting economic development and digital innovation in the Baltic States. Retail Banking Lloyds Banking Group implements FICO Platform to upgrade lending systems News Aggregation Team Wednesday, April 30, 2025 1:00 am https://europe.managersofwealth.com/article/122903/lloyds-banking-group-implements-fico-platform-to-upgrade-lending-systems The transformation addressed challenges posed by LBG’s legacy systems, including fragmented processes and limitations around scalability and innovation. Retail Banking HSBC UK overhauls mobile banking app News Aggregation Team Monday, April 28, 2025 1:00 am https://europe.managersofwealth.com/article/122856/hsbc-uk-overhauls-mobile-banking-app One in five (22%) of 18-24 year olds spend 7 hours or more a day on their phone. Retail Banking Lloyds Banking Group Leverages FICO Platform to Move Lending Infrastructure to the Cloud News Aggregation Team Friday, April 25, 2025 1:00 am https://europe.managersofwealth.com/article/122823/lloyds-banking-group-leverages-fico-platform-to-move-lending-infrastructure-to-the-cloud This transformation addressed the limitations of Lloyds’ legacy lending infrastructure, which it said struggled to support growth and evolving customer needs. Retail Banking NatWest vows not to forget ‘lessons’ on bankers’ bonuses News Aggregation Team Friday, April 25, 2025 1:00 am https://europe.managersofwealth.com/article/122842/natwest-vows-not-to-forget-amplsquolessonsamprsquo-on-bankersamprsquo-bonuses This will see the maximum bonus for an ED rise from being equal to their salary to being 1.5 times the level of their salary. Retail Banking Investec provides CBRE Investment Management and Chancerygate with £18m loan News Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122713/investec-provides-cbre-investment-management-and-chancerygate-with-amppound18m-loan Industrial capacity in Europe’s dominant e-commerce centre has reduced by 25% in the last 20 years. Retail Banking ESG considerations driving food and drink industry acquisitions News Team Monday, April 29, 2024 1:00 am https://europe.managersofwealth.com/article/116007/esg-considerations-driving-food-and-drink-industry-acquisitions Businesses are increasingly conscious of the importance of ESG in M&A. Pensions Schroders Greencoat eyes deal for scandal-hit solar operator – reports News Aggregation Team Monday, November 13, 2023 12:00 am https://europe.managersofwealth.com/article/112765/schroders-greencoat-eyes-deal-for-scandal-hit-solar-operator-ampndash-reports The infrastructure unit is a leading contender to buy Toucan Energy, which collapsed a year ago amid a local government scandal. Pensions Pensions allowance tax charges hit record high News Aggregation Team Thursday, March 24, 2022 12:00 am https://europe.managersofwealth.com/article/99923/pensions-allowance-tax-charges-hit-record-high The total value of LTA charges reported by schemes stood at £342mn in 2019-20. This is a 21 per cent increase from £283mn in the previous period. Pensions Pensions industry fires back at Opperman criticism News Team Wednesday, March 16, 2022 12:00 am https://europe.managersofwealth.com/article/99678/pensions-industry-fires-back-at-opperman-criticism Opperman’s remarks went down badly with a number of the industry’s leading voices. Pensions XPS partners with Abrdn to launch DB pensions master trust News Aggregation Team Tuesday, March 08, 2022 12:00 am https://europe.managersofwealth.com/article/99435/xps-partners-with-abrdn-to-launch-db-pensions-master-trust “This new solution should really help bring governance and efficiency improvements to the benefit of thousands of pension scheme members." Pensions Pension providers call for personalised advice rules News Aggregation Team Monday, March 07, 2022 12:00 am https://europe.managersofwealth.com/article/99382/pension-providers-call-for-personalised-advice-rules “UK’s advice rules (from MiFID) prevent firms providing personalised support to customers given the liability risk," it said in its submission. Pensions Government authorises use of dormant pension assets to "change people's lives for the better" News Team Thursday, March 03, 2022 12:00 am https://europe.managersofwealth.com/article/99279/government-authorises-use-of-dormant-pension-assets-to-ampquotchange-peopleamp039s-lives-for-the-betterampquot The UK Government has now announced an expansion of the scheme, which will be expanded to cover pensions, insurance, investment and wealth management accounts. Pensions €43bn pension fund cuts external fund exposure by half in two years News Aggregation Team Friday, February 25, 2022 12:00 am https://europe.managersofwealth.com/article/99130/ampeuro43bn-pension-fund-cuts-external-fund-exposure-by-half-in-two-years Assets under external management hit lowest levels for nearly a decade, as Swedish group focuses on interal efforts. Pensions Pensions platform Guiide considers institutional funding News Aggregation Team Thursday, February 24, 2022 12:00 am https://europe.managersofwealth.com/article/99063/pensions-platform-guiide-considers-institutional-funding Primarily the new funding will be used to develop Guiide+, an extension to its free online pension modelling tools. Pensions Northern Trust Supports AMF News Team Monday, February 21, 2022 12:00 am https://europe.managersofwealth.com/article/98943/northern-trust-supports-amf The implementation of the directive demanded important changes and enhancements to pension fund providers’ business models spanning risk management, governance and member communications. Pensions Successful exit for ABN AMRO Sustainable Impact Fund News Team Wednesday, May 07, 2025 1:00 am https://europe.managersofwealth.com/article/123028/successful-exit-for-abn-amro-sustainable-impact-fund ABN AMRO SIF aims to achieve financial return alongside environmental impact, and the investment in and exit of Eternal Sun has proven to be a example of both. Planet SOS Macquarie Asset Management acquires additional stake in Island Green Power News Team Monday, May 05, 2025 1:00 am https://europe.managersofwealth.com/article/122974/macquarie-asset-management-acquires-additional-stake-in-island-green-power Macquarie Asset Management first invested in Island Green Power in 2022, and this transaction increases its stake in the business to 100%. Planet SOS Maintaining Momentum: Managing Climate risk in a changing world − speech by David Bailey News Team Wednesday, April 30, 2025 1:00 am https://europe.managersofwealth.com/article/122904/maintaining-momentum-managing-climate-risk-in-a-changing-world-ampminus-speech-by-david-bailey Given at the Climate Financial Risk Forum Planet SOS Schroders and Cornell University publish stewardship framework on climate risk resilience and adaptation News Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122738/schroders-and-cornell-university-publish-stewardship-framework-on-climate-risk-resilience-and-adaptation Previous analysis by Cornell ILR and Schroders found four countries central to apparel production risk losing $65 billion in export earnings between now and 2030 due to extreme heat and flooding. Planet SOS ESG Economist – Is there a business case for sustainability? News Team Monday, April 14, 2025 1:00 am https://europe.managersofwealth.com/article/122659/esg-economist-ampndash-is-there-a-business-case-for-sustainability These environmental topics were prioritized during more stable macroeconomic times but now seem to have lost relevance. Planet SOS Streamlining ESG due diligence and reporting for leading UK private equity firm News Team Thursday, April 03, 2025 1:00 am https://europe.managersofwealth.com/article/122464/streamlining-esg-due-diligence-and-reporting-for-leading-uk-private-equity-firm They needed an experienced and reliable partner who could streamline this process and help ensure compliance across all required channels. Planet SOS Jupiter Asset Management Turns to Room Zero for Product Profitability News Team Tuesday, April 01, 2025 1:00 am https://europe.managersofwealth.com/article/122409/jupiter-asset-management-turns-to-room-zero-for-product-profitability Room Zero’s cloud-based software eliminates duplication of effort and silos, allowing multiple departments across a single firm to work and process common information. Planet SOS Rathbones Asset Management adopts SDR labels on two funds News Team Monday, March 31, 2025 1:00 am https://europe.managersofwealth.com/article/122390/rathbones-asset-management-adopts-sdr-labels-on-two-funds RAM has enhanced its disclosures to allow investors to understand its aims and processes in relation to the sustainability objectives of the funds. Planet SOS Balancing innovation & ESG – Davina Goodall-Smith at FundsTech Forum 2025 News Aggregation Team Friday, March 28, 2025 12:00 am https://europe.managersofwealth.com/article/122364/balancing-innovation-ampamp-esg-ampndash-davina-goodall-smith-at-fundstech-forum-2025 She is a seasoned executive board director and board committee chair, bringing expertise in corporate governance, strategic leadership and operational excellence. Planet SOS L&G’s total commitment to nature conservation and sustainable development in emerging markets hits over $1bn with launch of Nature and Social Outcomes strategy News Team Wednesday, March 26, 2025 12:00 am https://europe.managersofwealth.com/article/122294/lampampgamprsquos-total-commitment-to-nature-conservation-and-sustainable-development-in-emerging-markets-hits-over-1bn-with-launch-of-nature-and-social-outcomes-strategy The newly launched Nature and Social Outcomes strategy further diversifies L&G’s Private Markets platform, expanding its commitments to addressing the critical funding gap faced by developing countries. Planet SOS