Other News

The UK trust business of Coutts and NatWest has been sold to a new firm - Ludlow Trust Company - under an agreed acquisition deal

Edwin Coe has promoted Brendan O’Shea to partner within its private client team.

Prince Charles is the most travelled Royal over the past five years, racking up a total of 120,213 air miles, costing £2,468,501 over 25 trips.

The eprivateclient 50 Most Influential is the definitive rankings of the key players in the UK and offshore private client practitioner sector. To showcase the achievements of those listed this year and to get to know them a bit better, eprivateclient has began publishing a new Q&A series with our 2021 50 Most Influentials.

The International Monetary Fund (IMF) has proposed a “solidarity” tax on high-earners and companies that have prospered to improve social cohesion. This has been met with mixed responses from the private wealth industry.

HM Treasury has issued new guidance about risks posed by jurisdictions with “unsatisfactory money laundering and terrorist financing controls”.

It is a common misconception that Lasting Powers of Attorney (LPAs) are only for the elderly or for those who are beginning to lose the ability to manage their affairs. In reality, they are extremely useful documents that should be part of everyone’s lifetime planning and we encourage our clients of all ages to put them in place.

A principal consultant at one of the fastest growing UK tax advisory firms has lost his appeal against a first tier tribunal verdict that he avoided tens of thousands of pounds of tax on the purchase of his home.

Oak Fund Services (OFS), part of Oak Group, has promoted Tracy Lewis and James Christie to its board.

Law firm Farrer & Co has made nine partner promotions across a range of departments, including the private client and family teams.