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UK Budget Update

With the dust now having settled on Chancellor George Osborne’s Budget, we take a look at the key issues which are most likely to affect or be of interest to our clients and readers. Changes Affecting Non-UK domiciled UK Residents Full details of the exact changes to the so-called “non-dom”...

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Praxis Fund Services Limited Launches Investment Company

Praxis Fund Services Limited is delighted to announce the launch of a new Guernsey incorporated closed-ended investment company with an indefinite life. Alternative Liquidity Fund Limited invests in a diversified portfolio of illiquid interests in funds and other instruments and securities with the objective to manage, monitor and realise these...

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South African Residents – The Benefits of Providing for Retirement Abroad

PraxisIFM, one of the largest independently owned Trust Companies in the Channel Islands, has generated a great deal of interest out of its latest pension offering the Trailblazer Global Retirement Plan. Trailblazer is an International Retirement Plan written under Trust and governed by the Laws of Guernsey. The Plan qualifies...

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Maltese Segregated Cell Foundations

Foundations have been a long time staple in the world of estate planning and asset protection, particularly in Civil Law jurisdictions where the Foundation’s separate legal personality is a necessity. In recent years a number of international financial centres have recognised the importance of foundations and the role they can...

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Guernsey’s International Capital Flows

The economic benefits of Guernsey’s fund industry to the UK & Europe. View Guernsey Finance’s summary of the report produced by KPMG and commissioned by the States of Guernsey (Opens in a new window)

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PraxisIFM promotes three staff in its Guernsey office

PraxisIFM Group has promoted three staff in its Guernsey office with Graham Dawson becoming associate director in compliance and David Stephenson and Keri Lancaster-King, who are both part of the funds team, taking on the roles of senior manager, financial reporting and senior manager, new business respectively. One of the...

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UK Budget Briefing

A summary of the numerous positives and new opportunities for our clients. LONG-TERM NON-DOMICILED INDIVIDUALS Chancellor George Osborne has delivered on his pre-election promise to review the tax regime for non-domiciled UK residents with effect from 6 April 2017, and indeed some seismic changes have been introduced. However, it is...

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Senior appointments at PraxisIFM follow merger

PraxisIFM has made three senior appointments as part of its plans for future growth. The merger of Guernsey-based Praxis Group and Jersey-based IFM Group to create one of the largest independent and owner-managed financial services groups headquartered in the Channel Islands was finalised last month following regulatory approval. The group...

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