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Tax & Regulation

Ronaldo eyes Spanish exit in anger over tax fraud charges

Europe | 16 Jun 17

Ronaldo eyes Spanish exit in anger over tax fraud charges

Football legend Cristiano Ronaldo may have decided to leave Real Madrid amid claims he is angry at his treatment by Spanish authorities and reports that Portugal has launched its own tax fraud probe into the world’s highest paid athlete.

IoM’s New Earth boss slams regulator probe a ‘witch hunt’

Tax & Regulation | 16 Jun 17

IoM’s New Earth boss slams regulator probe a ‘witch hunt’

John Bourbon, the former director of Isle of Man-based Premier Group, the company behind the ill-fated £300m New Earth Group of funds, has described the regulator’s decision to investigate allegations of mis-selling against the fund manager “something of a witch hunt”.

Aussie advisers to help foot the bill for industry regulator

Asia | 16 Jun 17

Aussie advisers to help foot the bill for industry regulator

The Australian Government has approved an industry funding model that will see retail financial advisers pay at least A$1,500 (£890, $1,136, €1,012) each to fund the Australian Securities and Investments Commission (Asic).

Retirement | 15 Jun 17

Ex-footballer Shearer settles negligent financial advice case

Alan Shearer has agreed a settlement deal after launching a £9m ($11.5m, €10.2m) court bid against his former financial adviser for giving the ex-Newcastle United and England striker negligent financial advice.

Netherlands urged to slash 30% expat tax break

Europe | 14 Jun 17

Netherlands urged to slash 30% expat tax break

The Dutch government may be looking to reduce a 30% tax break used by wealthy expats after it was deemed “too generous”, according to a new report.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.