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The week on eprivateclient: Bedell Cristin, KPMG, Ogier, PwC and more....

22/09/2017 Will Sidery

A round up of the top stories on eprivateclient this week…

Monday

Ed Mackereth, global managing partner at Ogier, looks into a recent decision by Jersey's Royal Court in relation to an application brought to vary the terms of a trust

HMRC’s executive chair and first permanent secretary Edward Troup announces that he is to retire after five years with the tax authority, effective 31 December 2017

Tuesday

Big Four accountancy firm PwC publishes its latest annual report revealing total revenue of £3.598 billion – up five percent from last year (£3.437 billion) – but with partner profits down eight percent

Wednesday

Global advisory firm KPMG apologises over its South African arm’s involvement with a billionaire family and the latter’s business ties to the South African government which has seen eight partners leave the firm

PwC features again as it becomes one of the first professional organisations to publicly report its black, Asian and minority ethnic (BAME) pay and bonus gaps with analysis showing that the pay gap is driven by differences in seniority between BAME and non-BAME employees

Thursday

2017 eprivateclient Top Trust Company Volaw Group rebrands and changes name to VG. The firm said the rebranding reflects both the evolution of the company and its vision for the future

Friday

Offshore law firm Bedell Cristin successfully acts for the plaintiffs in a long-running trust dispute which has resulted in the reconstitution of a trust fund worth $200 million

This week also saw the fifth eprivateclient Leadership Insight Seminar take place at Penningtons Manches’ London office. The audience of young practitioners at the event – sponsored by Ruffer LLP – heard from James Brown of Hall Brown family law firm, Daniel Sopher from Sopher + Co and Penningtons Manches’ Clare Archer on creating a positive culture at a firm

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