Number 5

ISSUE 05

WELCOME FROM DAVID BELL

Welcome to our fifth edition of the PCD Club Digital Magazine.

Welcome to number 5. I am writing this note from drizzly London (where has the sun gone?), preparing for a packed Autumn program which kicks off on 12 September with a panel event in London (event details) on the topic of Entrepreneurs and Exit Planning. The panel is a members only event, which is kindly sponsored by the law firm Howard Kennedy and Hampden Private Bank, who are both actively engaged in dealing with entrepreneurial clients. We will host a panel on the same topic a week later in Geneva (event details) , sponsored by Vistra, so it will be interesting to see the difference in the discussions between UK and Swiss based advisors.

In September we will return to Zurich (event details) for a sold out dinner, with 100 guests confirmed to attend. The dinner is sponsored for the third year running by Andrew Robinson and the team at Arc & Co. Silver sponsors for the Zurich dinner are Cadell & Co and Old Mutual. We have a waiting list available so if you are interested in attending, please let me know ASAP and we will try to accommodate you. Also in Zurich on 13 September is a lunchtime panel discussion on cryptocurrency & blockchain technology, sponsored by ARQ Group.

For full details, including profiles of our speakers, click here .

We will head ‘North of the Border’ to Edinburgh at the end of September, for our third Scottish event (event details) of the year.

Our Edinburgh dinners are well supported by local professionals and we look forward to welcoming First Names Group from Isle of Man and Jersey law firm Viberts as sponsors. For images from previous events held in Glasgow click here and in Aberdeen, click here .

3

WELCO ME FROM DAVID BELL

For October, we are back in Isle of Man (event details) for a dinner sponsored by Bank Safra J Sarasin in Geneva and EER Corporate Services from Dubai, and hoping to build on the 100 guests we welcomed last year to Portofino (view gallery) .

November is a whole different level with launch events in Cape Town (event details) and Singapore (view event) and returns to Dubai (event details) , Jersey (event details) and London (event details) .

More on those dates next time!

Email David at david@pcd.club with any questions, comments or feedback. #jointheclub #oneteamonedream #makeithappen David Bell, founding director Â

We make tax compliance simple LANCE: Liability and Non-Compliance Evaluator, is a tax compliance tool for offshore trust, foundation and company service providers. With the ever-growing threat of financial and reputational insecurity, LANCE offers compliance peace of mind through a simple and affordable solution.

LANCE No.1 Spinningfields, Quay Street, Manchester M3 3JE | T: +44 (0)161 791 1569 | E: helen@lanceplatform.com | W: www.lanceplatform.com

What do over 500 Chairmen, CEOs, Board Directors, Senior Bankers, Managing Directors and Sports Personalities have in common?

They’re all Members of The Hideaways Club.

KITSUTSUKI, NISEKO, JAPAN

GRAN VISTA, MAJORCA, SPAIN

BROADWAY PENTHOUSE, NEW YORK

LUXURY HOLIDAY HOMES FOR A FRACTION OF THE CAPITAL. - Members benefit from ownership via an established Property Fund at a fraction of the cost of a comparable second home.

- Membership offers choice to stay in over 250 luxury villas, chalets and apartments in the most stunning locations around the world.

- Members enjoy the comfort and privacy of their own home-from-home, meticulously managed and serviced by the Club.

- Exceptional Personal Concierge service to tend to every detail.

- Investment in the City Fund starts from £69,500 and the Classic Fund from £88,000.

C O N TAC T A H I D E AWAYS C LU B M E M B E R L I A I S O N TO F I N D O U T M O R E .

+44 (0)20 7824 9940 | info@thehideawaysclub.com | thehideawaysclub.com This investment carries the risk of potential loss of capital.

Investment in this scheme is restricted to certified high net worth individuals or sophisticated investors. Evidence of the certification will be required before detailed information can be provided to you. The price or value of, or income from, investments can fall as well as rise. This investment carries a risk to your capital and an investor may get back less than the sum invested. You may have difficulty selling this investment at a reasonable price and in some circumstances it may be difficult to sell at any price. Do not invest in this unless you have carefully thought about whether you can afford it and whether it is right for you. ‘This financial promotion has been approved by Velay Financial Services Limited, 210 Neptune House, Marina Bay, Gibraltar which is licensed by the Gibraltar Financial Services Commission as an external alternative investment fund manager under the Alternative Investment Fund Managers Regulations 2013 (licence no. FSC0103AIF).

DINNER DESTINATIONS

Dinner destinations for 2018

Guernsey

Bermuda

Jersey

Cayman

6

DINNER DESTINATIONS

Isle of Man Glasgow Aberdeen Edinburgh London Manchester Bristol

Zurich Geneva

Hong Kong

Dubai

Singapore

Cape Town

7

WHAT’S HAPPENING

What’s happening?

We returned to Geneva in June

from the market.

with a successful dinner for 100 guests at Hotel President Wilson. The sun didn’t come out at our reception on the terrace

Old Mutual work with many

overlooking Lake Geneva but

leading private banks on

at least it stayed dry! We were

providing Life Insurance solutions

pleased to partner with Old

through which their clients can

Mutual as Gold Sponsors, with

invest. Brendan Dolan introduced

Hamilton Rose and EER Corporate

some of the in-house specialist

Services as Silver Sponsors. We

advisors to those present at the

had many guests travelling from

dinner, in addition to those with

the UK and Channel Islands to

a specific market focus, such as

the event, which created plenty

Martin Cazet, who focuses on

of opportunities to make new

LATAM clients.

contacts and gather intelligence 8

WHAT’S HAPPENING

19 September on the subject of “Entrepreneurs and Exit Planning”, kindly sponsored Hamilton Rose are specialist

by Vistra. The format for the

UK tax advisors working with

evening is a panel discussion,

offshore lawyers and trustees

followed by a networking cocktail

on UK tax compliance matters.

reception. We will hear from

We heard from Rosalind Burns

a multi-disciplinary panel with

on how they have developed a

expertise in areas of private

partnership with LANCE Platform

equity, tax, legal and corporate

that allows professionals to

administration. After the panel

manage their risk around UK tax

session, guests will have the

liabilities.

opportunity to circulate and meet professionals from a variety of specialisms and locations, all of whom serve wealthy international

EER Corporate Services can assist

families.

HNW clients with any aspect of

PCD Club events are designed

moving to Dubai from residency,

to aid networking and maximise

citizenship, property, banking and

business development

corporate services. Michael Burke

opportunities in a relaxed and

is their Managing Partner, who

social setting.

works with many leading Swiss banks.

We are back in Geneva for a panel event (more here) on

View our events calendar for full visibility of all past and upcoming events.

View gallery

WHAT’S NEXT

What’s next?

View London 12-09-18

View Zurich 13-09-18

View Zurich 13-09-18

View Geneva 19-09-18

View all upcoming events

10

SPOTLIGHT ON

Spotlight on Dubai PCD will be back in Dubai on

Dubai is the professional

Thursday 8 November for our

services hub for the Middle East

fourth annual Dubai dinner.

region, with strong expertise

We are delighted to welcome

in private banking and wealth

Standard Chartered as our Gold

management as well as corporate

Sponsor and Old Mutual as our

and legal services. There is a

Silver Sponsor.

real opportunity for providers in the UK, Channel Islands and Switzerland to create partnerships with local firms to

Guests will enjoy a one hour drinks reception followed by a networking dinner at The Meydan Hotel. The dinner will have a race meeting of the Dubai Racing Club as an exciting backdrop to our event. Guests will have the opportunity to circulate and meet professionals from a variety of specialisms and locations, all of whom serve wealthy international families.

deliver top quality service for their international clients. STEP Arabia (https://www.step.org/ branches/step-arabia) is hosted on 11 November, so can combine easily with our networking dinner.

We are expecting 80-100 guests for the dinner and hope to see you there.

Click to attend upcoming Dubai event

View gallery and guest list from previous event in Dubai

THOUGHT LEADERSHIP

Thought Leadership Roundtable discussion at the Francis Crick Institute: Trends in Philanthropy and the Role of Advisers.

Sianne Haldane is a member of PCD and has a Private Client background. She works closely with philanthropists and their advisers to develop strategic partnerships and/or gifts to fund CRUK’s lifesaving research.

If you are interested in learning more about CRUK’s international portfolio and how you can get involved, please get in touch with Sianne at sianne.haldane@cancer.org.uk.

Click here to read in full.

Non-UK Pensions: Embracing the IHT Benefits.

Click here to read in full.

Purchasing Property in Scotland: Tax Issues to Consider.

Click here to read in full.

PCD Podcasts Latest: Interview with Chris Lane of Mackrell Turner Garrett Click here to listen and follow us to stay up-to-date.

THOUGHT LEADERSHIP

Uncovering the hotspots of entrepreneurial activity in the UK. Click here to read in full.

Final call - HMRC extends tax avoidance settlement closing date.

Click here to read in full.

BCB Group: 3 Reasons why this is the bottom of the Bear Market.

Click here to read in full.

It matters to you, it matters to us.

In a demanding world, where time is short and the risks are high, we can support you with your legal business and personal needs. Platinum is an enhanced seamless legal service coupled with expert understanding and supportive guidance for the modern world.

If you would like to know more about Platinum and how the service can benefit you on a personal as well as business level, please contact Rachael Oakes, Partner and National Head of Platinum Services on 0845 128 6960 or by email at platinum@freeths.co.uk.

MEMBER NEWS

Member news

You’re invited to the inaugural Hamilton Rose Charity Fantasy Football league.

First Prize: A bottle of Champagne, a donation of £1,000 to your chosen charity and of course – the Hamilton Rose Charity Fantasy Football Cup!!

Second Prize: A bottle of Champagne Third Prize: A box of chocolates.

It is completely free to enter.

Join the League

If you have any other news you would like to share with other PCD Club members through this monthly newsletter, please email your press releases or articles to lucy@pcd.club.

14

collascrill.com

WE ARE

L E A DE R S

Making the right decision isn’t always easy. When we work with you we adopt your concerns as our own, guide you through the tough times and focus on helping you make the choices that will get you where you need to be. We measure our success from your perspective so when you succeed, we do too.

To find out how a leading law firm can help your business visit collascrill.com BVI // Cayman // Guernsey // Jersey // London // Singapore

BUSINESS DEVELOPMENT MASTERCLASS+ 17.10.18 AT 12 HAY HILL, MAYFAIR

BOOK NOW

An innovative, bespoke training program to help your advisers find new business, increase conversion rates and deepen client relationships. Covering areas such as personal branding, lead generation and business growth strategies, the program will equip your advisers with a wide range of skills, whether they are new to the industry or are looking to develop their existing knowledge.

Combining traditional wealth management skills with 21st century business development and sales techniques, this unique course is ideal for: Private bankers Wealth/Investment/Asset Managers IFA’s Business Development Teams Legal advisers Tax advisers Guest Speaker Nick Portet

+