A look at the top stories on eprivateclient this week…
Monday
Funds specialist Sophie Reguengo was promoted to partner in offshore law firm Ogier’s Jersey investment fund team.
North East law firm Clark Willis hired Alex Spurr and Alister Jones as partners and head of private client and head of property respectively.
Tuesday
There have been numerous stories in the media recently stating that the record drop in the number of wealthy non-doms arriving and departing from UK has been the fault of Brexit and the fear of a Labour government under Jeremy Corbyn.
Brits are struggling to save for the future due to overspending on guilty pleasures, including holiday travel and making home improvements, recent research showed.
Wednesday
Freedom of movement between the UK and the European Union is to end on the first day of a no-deal Brexit.
A former trustee of an educational charity was found responsible for serious mismanagement and/or misconduct of its governance, management and administration, and in the handling of transactions, including the sale of the school.
Thursday
BDO appointed Helen Griffiths as a tax director within its US/UK private client services team.
With just ten weeks to go until the 31 October Brexit deadline, Brits are becoming increasingly concerned about the potential decline in their passport power.
Friday
The latest set of taxation changes which come in to force on 6 April 2020 will impact on non-UK companies which own and rent out residential and non-residential properties in the UK according to accounting and tax advisory firm Blick Rothenberg.
Offshore law firm Collas Crill appointed two communications managers to support the growing firm’s strategy both internally and externally.