PraxisIFM wins an Award at the Citywealth 2019 Magic Circle Awards
We are pleased to announce that PraxisIFM has been awarded Runner-Up in the ‘Trust Company of the Year – Large’ category at the Citywealth Magic Circle Awards. Every year Citywealth Magic Circle Awards bring together the best advisors and managers in the global industry to recognise their achievements over the...
Read moreBVI Economic Substance Law
The British Virgin Islands (BVI) has passed legislation requiring certain legal entities which carry on ‘relevant activities’ to demonstrate that they have adequate economic substance in the BVI. Any company (or limited partnership with separate legal identity) that is registered or incorporated in the BVI should be aware of this...
Read morePraxisIFM Group announces senior management changes
Dr Simon Thornton, Group Chief Executive Officer of global financial services administration company PraxisIFM has announced his intention to retire from his role. The Group is pleased to announce it has appointed a new Group CEO, Cees Krijgsman who is currently CEO of InAdmin RiskCo, the Group’s technology-led pension administration...
Read moreLiz Nursey named in Top 20 Professionals in Jersey list
PraxisIFM’s Liz Nursey has been named one of Jersey’s Top 20 Professionals in private wealth by Citywealth. The list was editorially curated by Citywealth to recognise the leading private wealth professionals in Jersey based on their ratings and reviews received across the last 18 months. This is the second year...
Read moreGuernsey substance and benefits of the mature NPPR
Guernsey has long been recognised as a mature, highly experienced non-EU financial centre. It continues to be known as a tax transparent jurisdiction, working extensively in co-operation with the European Commission, among others, to ensure it does all it can to co-operate on all transparency and appropriate regulatory matters. In...
Read moreChartered Director status for Isle of Man MD
Managing Director of PraxisIFM in the Isle of Man, Anna Mazzilli, has been awarded Chartered Director status by the Institute of Directors. Chartered Director status recognises the high standards and capabilities that are needed for ensuring that the profession of ‘director’ is understood and placed at the heart of organisational...
Read moreAwards recognition for rebrand
The Group’s recent rebrand has been recognised in Citywealth’s Brand Management & Reputation Awards 2019 (BMR). The awards highlight outstanding work in the internal business development function supporting the wealth management industry and we’re delighted to have been nominated and shortlisted in the Best Rebranding Campaign category. Following a sustained...
Read moreUpdate on Nerine Group acquisition
We announced last summer that the Nerine Group would be joining the independent financial services group, PraxisIFM, and we are pleased to now provide an update on the work that is taking place to bring the businesses together. It has been a busy period for our Hong Kong office which...
Read moreQuickfire Q&A
Three of our Guernsey Trust team share their thoughts on life at PraxisIFM. Jodie Travers (pictured), Assistant Trust Manager What are your responsibilities? I oversee a team of four, of which together we administer a large diverse portfolio of clients. I am responsible for overseeing all the day...
Read moreMaking Tax Digital
Making Tax Digital (MTD) is a new initiative from HM Revenue and Customs (HMRC) that is transforming the existing UK tax system. The primary aim of MTD is to make tax administration more efficient and easier for businesses to report their profits and losses closer to ’real time’. It will...
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