Pensions in Germany will be 100 percent taxable by 2040

According to official figures from Destatis, the Federal Statistical Office, in 2015 around 21,2 million people in Germany were receiving either a statutory, private or company pension (or a mixture of all three). Of these, 27 percent - some 5,8 million p


ATP selects BNY Mellon for asset servicing

He added: “The appointment underscores BNY Mellon’s strong commitment to the Danish and wider Nordic market, and demonstrates the depth and breadth of our experience and technological infrastructure to meet the needs of large, sophisticated pe


London pension firm to open first overseas base in US

Will Wynne, co-founder and MD of Smart Pension, said: “Chicago is an ideal base for our first step into the US market, with its excellent connectivity back to the UK, and also with our strategic partners in the US.


Savers face retiring on less than living wage

The insurer stated government data had shown that average pension contributions in private sector defined contribution schemes have fallen towards the legal minimum levels since auto-enrolment was introduced in 2012.