Managers of Wealth Pensions

Scheme pays more flexible than legislation suggests

Scheme pays can be flexible and help reduce charges

A Divorce Could Have a Big Impact on Your Retirement Savings

Divorce can affect your life in many ways.

Global Anti-Money-Laundering Fine Amounts Released

For years the U.S. has led the way in imposing major anti-money laundering (AML) fines, but regulators in Europe have recently started taking a much tougher line.

FCA wants evidence of ‘informed decisions’ in DB advice

Mr Harries said he believed the regulator would also move to focus on charging structures as this will ultimately lead to better outcomes for consumers following on from its contingent charging ban, which comes into force from October.

Govt publishes Troubles pension eligibility guidance

The guidance explains that those injured “at their own hand” will not be eligible and provides for the establishment of an independent board that will make case-by-case decisions.

Trustees could face 'perfect storm' of competing investment tensions

The firm explained that tensions in relation to ESG are in turn likely to intensify as a result of both legislative and regulatory scrutiny, with The Pensions Regulator highlighting this as a key area of focus within its 2020-21 Corporate Plan.

Troubles pension: Guidance on eligibility published

Factors may include an individual's age at the time of conviction or whether they have shown remorse.

93% of pension professionals do not believe DB funding proposals offer 'true flexibiliy'

The Pensions Regulator (TPR) proposed introducing the two ways for DB schemes to comply with funding regulations in October 2019, launching a consultation on the proposal in March.

UK wealth manager completes first advice M&A deal

As it eyes ‘further acquisitions’ and a hiring spree over the next few years

Pension amounts to increase in Latvia. For whom and how will they be calculated?

The goal of pension indexation is providing protection for pensions and benefits against decline of purchasing power and helping maintain their value.

Chilean Central Bank Measures Reduce Banks' Risks from Pension Withdrawal

In Fitch's view, these measures will continue to support the banking system's funding access and tenors, as well as stabilize funding costs in times of volatility.

Pension: How to deal with volatile income and still save efficiently

Understanding how to manage one’s personal income, then, is key to unlocking a comfortable retirement.

TPR DB funding code must maintain flexibility whilst avoiding fast track default - ACA

It also expressed concerns over pressure for fast track equivalence, with the risk that TPR’s s231 powers come into play if TPR considers the divergence from fast track too significant.

State pensions: The DWP hasn’t done enough to inform women about what they are entitled to

If women knew they could get more state pension, given how it is considered a right and the general absence of stigma, why would they not claim the uplift?

Actuarial Firms, Treasury Clash Over Union Pension Cuts

Lead actuaries at Segal say the Treasury Department is preparing to wrongfully reject an application to reduce benefit payments made by one of its financially stressed union pension clients.

Illegal pension introducers to pay over £10m to clients

As FCA wins high court case against the two companies

Recommendations for Brazil's Pension Deductible Loan Regulation: Credit Neutral

Additionally, changes would increase new pensioners/retirees access to credit lines by allowing them to contract the first PDL loans 30 days after the pension benefit is approved by INSS while the current requirement is 90 days.

Pension introducer to appeal refund court ruling

IFAs and Sipp providers are the ones who have ‘a case to answer’, firm claims

Still Time To Make Midyear Amendments To Safe Harbor Defined Contribution Plans

Generally, a plan’s safe harbor provisions must remain in effect for an entire 12-month plan year, and midyear plan amendments to those provisions are not permitted unless certain requirements are satisfied.

Will the FCA defined benefit pension transfer plan work?

Less suitable British Steel client outcomes ‘could have been avoided’ if rule was in force at the time

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