Industry
EU’s new tax avoidance law to target Channel Island schemes
Schemes involving transactions to low tax jurisdictions such as Jersey and Guernsey will need to be reported to the European Union, under new legislation aimed at tackling tax avoidance.
Footballer to pay €2m to settle Spanish tax fraud case
Former Manchester United winger Angel di Maria has agreed to pay €2m ($2.2m, £1.76m) to settle tax fraud charges in Spain in the latest high-profile tax scandal to rock the football industry.
Tax & Regulation | 22 Jun 17
Woman loses £50m UK divorce case over ‘sham offshore trust’
A woman in the UK has lost a £50m (€56.7m, $63.2m) divorce court battle after failing to prove her millionaire husband’s offshore trust was a sham.
People Moves | 21 Jun 17
Killik’s Sarah Lord joins Mazars as financial planning partner
International accountancy and advisory firm Mazars has appointed Sarah Lord, formerly of Killik & Co, as a financial planning partner in London.
Retirement | 21 Jun 17
Pension transfer advice rules were ‘past sell-by date’
The financial planning industry in the UK has welcomed the FCA’s plans to overhaul advice on pension transfers, with many describing the reforms as long overdue.