Yacht insurance – key considerations to protect seaborne trophy assets

For yacht owners, the outlay for a vessel is a huge investment – one that can, and should, bring enormous pleasure, but one that also brings risk which must be mitigated – including through appropriate insurance. Yachts, unlike some other luxury assets such as fine art or collectibles, are not kept behind glass or in […]

Tree-planting target exceeded by 50%

A group of Saffery Trust staff from the Geneva office exceeded expectations by planting 150 trees over an afternoon as part of the firm’s ongoing commitment to supporting green initiatives. The group of volunteers had pledged to plant 100 trees in celebration of Earth Day, in partnership with Almighty Tree. While unforeseen circumstances, including extreme […]

Opportunity of the ‘Asian century’ sees Cayman build on its investment in the region

The Cayman Islands has long been a favoured destination for Asian businesses, investors, family offices and UHNWIs with significant and complex holdings. The recent move by The Cayman Islands to establish an office in Singapore was a significant step for the region, with jurisdictions around the world increasingly competing for globally mobile wealth and business. […]

Choosing the right flag state for your yacht: the advantage of the Cayman Islands

The purchase of a yacht is a pinnacle moment. But a yacht is no ordinary luxury asset and, just as with any vehicle, there are a range of factors owners must consider beyond buying and equipping the vessel itself. One of those, the choice of flag state, is one of the final steps in the […]

Saffery Trust retains Tier I status

Saffery Trust has retained its Tier I status in the 2023 eprivateclient Top Independent Trust Company list. The annual rankings are compiled taking several factors into account, including reputation, quality of service and the extent of the firm’s global offering. With highly qualified and experienced teams in Cayman, Dubai, Geneva, Guernsey and Zurich, Saffery Trust […]

Creating strong people in good times

Hard times create strong people, strong people create good times, good times create weak people and weak people create hard times… or so the saying goes. The lingering question becomes, what balance will allow for strong people to be created in good times? This is the question that I have seen a multitude of families […]

Ten team members qualify as Mental Health First Aid Champions

Ten team members at Saffery Trust have successfully completed training to become Mental Health First Aid Champions. The course, which was delivered by Guernsey Mind, was arranged by the private client firm as part of its ongoing commitment to prioritising staff mental health and wellbeing. The course outlined best practices for approaching conversations about mental […]

Improving Succession Planning for Middle Eastern Families: Beyond the Offshore Company

In the realm of global asset holding, Middle Eastern families have long relied on the companies of jurisdictions like the British Virgin Islands (BVI) and Cayman Islands for their flexibility, cost-effectiveness, and quick implementation. Companies from these jurisdictions have proven to be versatile vehicles capable of holding various assets. However, many families and their advisers […]

Saffery Trust becomes first Guernsey firm to introduce staff to women’s safety campaign

Saffery Trust has become the first firm in Guernsey to introduce its staff to the BE LADS Campaign to help tackle violence against women and girls. The private client firm hosted a “lunch’n’learn” session for staff, where Campaign Founder, and Saffery Trust Content Creator, Poppy Murray helped to educate the team about issues of women’s […]

“Top offshore experts” listings in Spear’s Index

Two Saffery Trust professionals have been recognised in the Spear’s 500 Tax & Trust Advisers Index 2023 for the best tax, structuring and offshore experts for high-net-worth individuals. Managing Director, Nick Batiste, and Director, Helen Green, have once again been ranked as “top recommended” in the annual index, following a review of peer nominations, client […]

Loading