News
Investment | news 13 Jun 17
ETF assets surpass $4 trillion milestone
Record inflows in May powered total assets invested in exchange trade funds (ETFs) around the world across the $4trn mark. And Europe is picking up the pace.
PEOPLE MOVES: UK govt, Killik & Co, Australian Tax Office
UK prime minister Theresa May has reshuffled her cabinet as uncertainty mounts over how long the Conservative Party can hold on to power. The deputy Australian Tax Office commissioner has resigned after being being caught up in a fraud scandal, while Killik & Co has appointed a head of wealth planning.
Spain indicts Cristiano Ronaldo on €14.7m tax fraud charges
Spain’s Prosecutor’s Office in Madrid has filed a tax fraud lawsuit against Real Madrid star Cristiano Ronaldo.
Spain urged to restore ‘Beckham’ tax law for footballers
Spanish club Real Madrid has called on the country’s tax authorities to reinstate the ‘Beckham law’ for foreign footballers following a string of high-profile tax fraud scandals, engulfing the biggest names in the sport.
Tax & Regulation | news 13 Jun 17
Sipps drive sharp rise in UK pension complaints
The Financial Ombudsman Service (FOS) received 15% more complaints about pensions in 2016/2017, with Sipps one of the most complained about products, despite a 6% drop in the number of people contacting the financial redress service.