Managers of Wealth Europe

CMA proposes pension investment reforms

The CMA has today proposed a number of reforms to the investment consultancy and fiduciary management sector after identifying a range of competition concerns.

Denmark’s MP Pension Stops All Danske Bank Trading

Fund says the bank’s developing money laundering scandal violates its responsible investing policy.

Pension scammers pretend to be regulator

We are grateful to those people who have alerted us to the cold calls

Delay on cold calling ban finally confirmed in Parliament

These would then be debated in Parliament in the Autumn but it seems unlikely that the ban would come into force until 2019 at the earliest.

EU to offer cross-border pension scheme

The scheme is portable among EU member states, and consumers can contribute to their PEPP wherever they may be within the EU.

Danish pension fund must resolve lawsuit in Portugal, UK court rules

BES collapsed in August 2014 and was bailed out by Banco de Portugal, the country’s central bank and designated national resolution authority.

ESMA denies pension funds an extended clearing exemption

Pension funds will have to begin clearing OTC derivatives contracts on 17 August 2018, despite calls for a third extension.

PIMFA Welcomes FCA’s Final Retirement Outcomes Review

Commenting on the report, PIMFA Senior Policy Adviser Simon Harrington said: “This report strikes the right balance between protecting the most vulnerable consumers and encouraging consumers to exercise their individual freedom and choice.'

Offshore investor returns eaten up by Sipp fees

Some are also concerned about the liquidity of the investments, saying selling them on for a profit proved tricky.

European pension plan’s ‘elephant in the room’

The Dutch, in particular, fear IORPs will dominate the market for Pepps.

LEBC calls for fair treatment for self employed

The self-employed not only have to fund these themselves but also source advice on a suitable package of measures to provide them and their families with financial security.

SJP and Tideway hit back at pension transfer promotion accusations

Accused of proactively contacting workers

UK’s first pension consolidator prepares debut deal

The government is keen to encourage these vehicles as a way of better protecting members of poorly funded or governed pension schemes.

Schroders complete GBP2.6bn equity risk deal with SYPA

Schroders worked closely with SYPA and its consultant Mercer to deliver this ‘put spread collar’ approach.

Consolidator warns pension transfer firms on sale risk

Earlier this year the Financial Conduct Authority said it was considering a ban on advisers charging for pension transfer advice on a contingent basis given what it said is the "potential harm to consumers".

Scottish Friendly confirms pensions acquisition

Glasgow-based mutual strikes deal with Mobius Life

Mattioli Woods halts pension transfer service

While this review is in progress, the firm has taken the decision to cease providing advice in relation to the transfer of safeguarded benefits, it said.

Platforms best equipped to win retirement race

It is one of three studies that forms part of a report into pension freedoms.

Income a pressing need for ageing Asia, says German fund manager

Fresh from an initial public listing in March

UK pension lifeboat fund makes two senior appointments

The PPF’s previous most senior dedicated ESG hire, Leanne Clements, left in the autumn of 2016.

Pensions