Industry
Spanish resident appeals to ECJ over excessive disclosure fine
A Spanish taxpayer is appealing to the European Court of Justice (ECJ) over an “excessive” penalty for disclosing his overseas assets a year late, according to global financial advice association Step.
KBL appoints group chief financial officer
Luxembourg-based KBL European Private Bankers (KBL epb) has appointed Rachel Hamen as group chief financial officer.
Europe’s regulators turn their sights on robo-advisers
European regulators have announced plans to investigate the increasing use of ‘robo-advice’ in the financial services industry in order to work out what action may be needed to control its growing use.
Fixed Income | 3 Dec 15
Schroders launches euro credit absolute return fund
Schroders International Selection Fund (ISF) has launched its Euro Credit Absolute Return UCITs fund, which aims to provide a positive annual return throughout the market cycle.
Retirement | 3 Dec 15
OECD warns of growing risk of pensioner poverty
Future generations are likely to find their pension entitlements much less generous than today’s and many may face a serious risk of pensioner poverty, according to a new OECD report.