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PraxisIFM supports SuperReturn Berlin

We are delighted to be Associate Sponsor at this year’s SuperReturn International which takes place in Berlin on Tuesday 26 February – Friday 1 March. As the world’s largest private equity and venture capital event, SuperReturn attracts around 2,500 attendees. Group Head of Funds in London, Richard Harland, will attend...

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Senior hire reflects growth plans

Business development specialist Richard Harland has joined PraxisIFM as Group Head of Funds. Based in London, Mr Harland has overall responsibility for the Group’s growing Funds Services division. Mr Harland joins PraxisIFM from SEI, where he was EMEA Head of Sales, Business Development & Relationship Management. He has more than...

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Liz Nursey shortlisted in Citywealth’s Magic Circle Awards 2019

We’re delighted to announce Liz Nursey, Director, PraxisIFM Trust Limited, has been shortlisted for the Trustee of the Year award in Citywealth’s 2019 Magic Circle Awards. Now in its 14th year, the annual Magic Circle Awards aim to recognise the best advisors and managers in the global industry. The winner...

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Success at ICSA Guernsey Awards

PRAXISIFM’S company secretarial team secured a hat-trick of awards at this year’s prestigious ICSA Annual Awards Dinner on Friday 9 November. The awards celebrate the achievements of ICSA students and members during the year. All three award winners are part of Praxis Fund Services’ (PFS) company secretarial team. Company Secretary...

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PraxisIFM launches dedicated Funds division in Jersey

The expansion of our well-established Jersey office follows 12% organic revenue growth across the Group’s established funds division during the last financial year, and reflects the ongoing attraction of Jersey’s fund sector. PraxisIFM has been providing trust services to corporate and private clients since 1972, and employs more than 70 staff...

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Jersey Funds team provides Gaspe House deal corporate services

Praxis Fund Services in Jersey provided corporate services for the purchase of Gaspe House by Seaton Place Limited. The deal has been described as the largest single asset commercial office acquisition in the Channel Islands. Completed in 2016, Gaspé House is a Grade A office building in central St Helier with more...

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UK Budget summary for Private Clients

With the final stages of Brexit negotiations underway, opinion was divided as to whether Philip Hammond would use the Budget to make any significant economic or political announcements. Paul Blackwell and Sandra Francis, Trust Tax Manager, review the implications. In the event, only a few policy statements were made which...

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Criminology student awarded bursary

Former Guernsey Grammar School student Isabel Ives has been awarded PraxisIFM’s 2018 Graduate Bursary. The Group’s bursary students are guaranteed employment within each of the Guernsey office’s Trust, Fund and Pensions divisions, gaining exposure to a wide range of tasks. Group Head of Human Resources, Sharon Coburn, said that this year’s...

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Trust Exit Tax: Update due

Ahead of the UK Autumn Budget on Monday, Assistant Trust Manager Migle Virbalaite looks back at the judgement made by the European Court of Justice (CJEU) on the Panayi case and outlines the Exit Tax payment plan proposal. In a judgement of the Panayi case (Case C-646/15) delivered last year, the...

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