UK
www.abplgroup.com - Asian Voice 25th May 2013
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Smith & Williamson launches World Remit awarded ADA its Asian Business Group Business of the Year Award Smith & Williamson, the accountancy and investment management group, hosted a drinks reception at its Moorgate office to formally launch its newly created Asian Business Group on Tuesday 14th May. The group advises clients, both resident and non-resident of South Asian diaspora. In attendance was a focused gathering of business intermediaries and key figures within the Asian community, ranging from private wealth advisers to lawyers and entrepreneurs. “We are launching this group because we believe there is a real need in the community for the right advice from practitioners who have the technical expertise, international capability and understanding of the culture to assist individuals, families and companies from a South
Joss Dalrymple, (National Head of Private Client Tax Service) and Harish Dass (Head of Asian Business Group) Smith & Williamson
the success of Asian entrepreneurs continues to go from strength to strength, and therefore I am delighted that Smith & Williamson now has a group dedicated to serve the needs of the Asian community.” Joss added: “Wealth creation, wealth management and wealth preserva-
L-R: Jackie Oakes, Partner, Smith & Williamson; Arun Ram, Director, 3 Sixti Limited; Tej Randeva, Spice2Go; Shandhia Varu, Lark Insurance, Harish Dass, Head of Asian Business Group, Smith & Williamson
Asian background. Working with private clients and their families requires the utmost tact, discretion and confidentiality, and we also put great emphasis on a bespoke and flexible
tion are at the heart of what we do, and this is particularly key for clients whose wealth is typically ‘new money’. As a firm, we have experience of preserving wealth across
L-R: Harish Dass, Joss Dalrymple, Deepak Malhotra Managing Director, Barclays Wealth Advisory and Mr Balwant Mann.
approach,” commented head of the Asian Business Group, Harish Dass. Harish, a chartered accountant and chartered tax adviser, has extensive experience in advising entrepreneurs, ownermanaged businesses, highnet worth individuals and corporations. Joss Dalrymple, national head of private client tax services at Smith & Williamson said: “It is a well-recognised fact that the entrepreneurial spirit of the Asian community has made a significant contribution to the economy of Great Britain since their arrival in the last fifty years and beyond. It is more important now than ever to ensure that
numerous generations and taking a long-term view of the client and their needs; in fact this is what the firm has been doing so successfully since 1881.” Harish noted: “We are very excited to have launched the group, which we expect to grow significantly over the next five to ten years. Clients can expect to receive holistic advice tailored to their specific business or finan-
cial needs. Our specialisms include the services one would expect from an established professional services firm, namely tax, accountancy, assurance and business service, corporate finance, restructuring, recovery and investment management, to name a few.” The Asian Business Group has the cultural understanding and commitment to assist its clients, as well as being multi-lingual, with languages spoken including Hindi, Punjabi, Gujarati and Urdu. Smith & Williamson has been managing the financial affairs of private clients and their business interests for over a century. It is one of the top ten* largest firms of accountants in the UK, and its investment management business has over £14bn of funds under management and advice (as at 31st March 2013). It is headquartered in London, with offices in Belfast, Bristol, Birmingham, Dublin, Glasgow, Guildford, Salisbury, Manchester, Southampton and Worcester. In addition, it has international capability in over 100 countries through membership of Nexia International, WTS Alliance and M&A International. For further information about Smith & Williamson’s Asian Business Group please contact Harish Dass on 020 7131 4395 or by email on harish.dass@smith.willia mson.co.uk. Alternatively, the website can be found at http://www.smith.william son.co.uk/asian-businessgroup.
The international online based money transfer company WorldRemit has been awarded the prestigious ADA Business of the Year Award. The award is given annually by the Africa Diaspora Awards and features categories that covers various aspects of socio-economic development including Business, Community, Media, E d u c a t i o n / Ac a d e m i a , Leadership, Philanthropy and Lifetime Achievement. According to the organizers the award ceremony is an event which “celebrates, honours and recognizes achievement from within the African Diaspora community” highlighting the positive contributions the African diaspora community makes to the UK and to Africa and recognizing and rewarding the contributions of migrants. Receiving the Award on behalf of WorldRemit Limited, the company’s Chief Operating Officer, Ms Catherine Wines, thanked the organizers and remarked that WorldRemit is fast becoming a household brand within the migrant communities as it strives to establish its better online remittance procedure for
Catherine Wines COO, WorldRemit and Martina Moh
the convenience of migrant workers. Joined in an exclusive interview backstage, Ms Wines observed that the ADA Award was coming on the heels of WorldRemit’s recent IAMTN 2012 Award for the Best Money Transfer Company in Europe and a reflection of the company’s commitment to being the best online based remittance business for its clientele and partners around the world. She emphasized that the company recognizes how migrant workers have hitherto struggled to remit money home, not only for the upkeep of their loved ones, but also to partici-
pate in the local economic developments in their home countries through bank savings, mortgage scheme and community project financing. “Their efforts have often been inhibited by exorbitant transfer fees and exploiting Forex rates in addition to the inconvenience of having to move from one agent location to another”, she said, adding: “Now with WorldRemit, the migrant worker can enjoy the convenience of sending money from his own home or office 24/7 with minimal fees and more favourable exchange rates from 40 countries to over 100 receive countries around the world”.
Asian business group Smith & Williamson has been looking after the financial affairs of private clients, their families and business interests for over a century. Tax Audit and assurance Corporate finance Forensic services Financial services HR consulting Investment management Restructuring and recovery
(*according to the latest survey of the market by Accountancy Age magazine.)
The value of investments can fall as well as rise and investors may not receive back the original amount invested. Smith & Williamson LLP Regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. A member of Nexia International Nexia. Smith & Williamson Audit Limited Registered to carry on audit work and regulated by the Institute of Chartered Accountants in England and Wales for a range of Investment business activities. A member of Nexia International. Smith & Williamson Financial Services Limited Authorised and regulated by the Financial Conduct Authority. Smith & Williamson Corporate Finance Limited Authorised and regulated by the Financial Conduct Authority. A member of the London Stock Exchange. A member of M&A International. Smith & Williamson Investment Management LLP Authorised by the Financial Conduct Authority. 13/427 30/04/2014 The Financial Conduct Authority does not regulate all of the products and services referred to here.