Europe
Art dynasty heir cleared of tax evasion – twice
One of the biggest tax fraud trials in France’s history, involving world-renowned art dealer Guy Wildenstein who was facing a €250m (£221m, $290m) fine, has ended with all parties being acquitted.
International fight against tax fraud steps up a gear
The UK, Canada, the Netherlands, the United States and Australia have launched an international tax and anti-money laundering team.
European IFA clients facing ‘perfect storm’
Client inertia over low rates and poor financial planning choices are eating into the continent’s future – a Europe-wide survey has found.
Advisers join asset manager KID reform push
International advisers have joined European fund managers in a call to reform key information documents for packaged retail and insurance-based investment products – six months into implementation.
Lesson in the unexpected as UBS pick Germany exits World Cup
International wealth manager UBS has been left red faced after its pick to win the football World Cup crashed out on Wednesday.