Saturday October 24, 2020

Offshore offensive

The taxman is turning the screw on offshore pension tactics, with the pension industry predicting a fight that could go all the way to Europe Barry J Whyte

Barry J Whyte

Chief Feature Writer

@whytebarry
17th December, 2014
2
The spotlight is now on pension funds sitting in jurisdictions such as Malta and Cyprus Picture: Thinkstock

It’s been a difficult few years for financial adviser John Mulholland. In 2010 his firm, Custom House Capital, began its long, agonising collapse. While Mulholland had no involvement in the day-to-day running of the firm, he did have a 40 per cent stake, which was wiped out.

He wasn’t the only one – a later investigation of the firm found that there had been “a systematic and deliberate misuse” of client assets to the value...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures

Tom Maguire | 5 months ago

What’s coming up today and what you might have missed

Hannah O’Brien | 10 months ago