The week on eprivateclient: 2017 Jersey Report, PraxisIFM, PwC in Channel Islands and more...

15/12/2017 Will Sidery

A look at the top stories on eprivateclient this week…


Monday saw the launch of the 2017 eprivateclient Jersey jurisdiction report - a detailed look at the wealth management sector in the UK Crown Dependency. As well a look at the biggest stories on the island this year, the report includes articles from Ocorian’ Nick Cawley, Ogier’s Emily Haithwaite and Geoff Cook from Jersey Finance among others

Multi family office Stonehage Fleming appoints Anastasia Shvetsova as a senior associate in its corporate finance team. Ms Shvetsova joins from JP Morgan where she had worked since 2012 and was a member of its corporate finance team for EMEA consumer and retail


PAM Insight group editor Tristan Blythe examines the role of private equity investment in the trust and fiduciary services provider sector and looks at whether it is a trend set to continue

Highvern, the Jersey-based trust business formed from a management buy out from Coutts and Co, announces plans to launch its own funds services business - Highvern Fund Administrators Limited -  from the start of 2018


Offshore law firm Bedell Cristin promotes Charlotte Beddoe and Rebecca Stannard to strengthen its senior management team.  Ms Beddoe has been appointed head of risk and compliance, whilst Ms Stannard has been named as the firm’s new head of marketing and business development 

The owner of an Indian restaurant in Staffordshire is jailed for two years after stealing £90,000 in tax after test purchases revealed his fraud. Monir Miah was caught after HMRC officers discovered the truth by tracing customer payments, counting customers on the premises, and doing test purchases on specific dates, which were compared with his records and tax returns


PwC in the Channel Islands appoints Simon Perry as its new senior partner. With effect from 1 January 2018, Mr Perry succeeds Brendan McMahon, who has held this leadership position since 2012

Private school fee payments from parents are currently one of the top targets for cyber criminals, especially with invoices for next term being issued over the current weeks, warns cyber insurance comparator Cyber Decider


Announcing its draft Budget, the Scottish government unveils plans to change income tax rates which will see high earners pay more than in other parts of the UK. Scottish finance secretary Derek Mackay outlined plans to increase the higher rate of tax to 41 pence from 40p and the top rate from 45 pence to 46p. At the same time Mr Mackay announced a new tax band of 21p for those earning over £24,000

As part of its stated growth plans, 2017 eprivateclient Top Trust Company PraxisIFM creates two new group and two new director positions in the Channel Islands. Siobhan McGrath and Dan Toft have been promoted to directors at PraxisIFM Trust Jersey where they have joined the board whilst Sharon Coburn becomes the new group head of human resources based in Guernsey, while Jersey based Richard Morris is the firm’s new group financial reporting manager...

Share with Linkedin Share with Twitter

Poor   Average   Good   Excellent