Related news and insights

News

3 May 2022

VG unveils brand evolution

We are delighted to unveil the evolution of our brand identity which signals an important milestone for us.

News

19 April 2022

VG reshapes funds team as industry veteran announces retirement

After more than 30 years at VG, one of our longest serving colleagues, Trevor Norman, will retire from the main board of VG; as a result of Trevor’s retirement, the leadership structure of our funds team has evolved.

News

22 March 2022

VG strengthens corporate team with three new hires

Building on a host of appointments to date in 2022, we have further strengthened our corporate and capital markets team with the appointments of Gabriela Jakubczyk as Associate Director and Matthew Hibbs as Manager.

Insight

21 March 2022

Will looming CGT hikes diminish use of Jersey’s real estate structures?

The tax landscape for non-resident property investors has changed dramatically in recent years, particularly in respect of non-resident capital gains tax (NRCGT) and the reduction of tax benefits derived from having non-resident status. It has been suggested...

News

15 March 2022

VG named exclusive sponsor of Jersey Hospice's flagship event

We’re extremely proud to be the exclusive sponsor of the Jersey Dragon Boat Festival and looking forward to supporting the Jersey Hospice team in delivering a fantastic event!

News

4 March 2022

Debbie Lumsden wins bronze at Citywealth Powerwomen Awards 2022

We're proud to share that Private Client Director, Debbie Lumsden, has been recognised at the 2022 Citywealth Powerwomen Awards and awarded Bronze for Woman of the Year - Leadership - Financial Organisation (Director).

Insight

15 February 2022

Your company is only as great as the team you employ and develop

Research reveals that 55% of UK employers offer career development tools, however less than half of employees make use of them (Business Leader, 2022). Surprisingly, 81% of UK employees have no written career plan in place with their employer. As an employer...

News

31 January 2022

VG strengthens funds division with new management hire

We're delighted to share that we have appointed Jonathan Manning as a Manager in our funds division alongside several other new hires across the wider VG business.

News

13 January 2022

Paul Roper wins Silver at Citywealth IFC Awards 2022

We're proud to share that Private Client Director, Paul Roper, has been recognised at the 2022 Citywealth IFC Awards and awarded Silver for Trustee of the Year (Channel Islands & Isle of Man).

Insight

3 January 2022

Make wellbeing at work your new year’s resolution

According to a survey, jobseeker numbers are especially high in the UK, with 46% of workers looking for new jobs with more flexibility, better benefits, and more supportive company cultures. If the last 18 months has made you re-evaluate what you want...

Insight

20 December 2021

Make a trust your financial new year’s resolution in 2022

For those looking to get 2022 started with some extra financial peace of mind, there is one action that should be considered a priority as the new year begins – exploring the potential benefits of trust planning for individuals and families alike.

News

23 November 2021

VG positions for further growth with new Director of Operations

We have appointed Kevin Cooper as Director of Operations as we pave the way for the next stage of our development.

News

12 November 2021

VG’s Chelsea Ford named Trust Officer of the Year

VG has been recognised at the 2021 Citywealth Future Leaders Awards, with senior trust officer Chelsea Ford winning the Gold award for Trust Officer of the Year.

Insight

15 October 2021

Advisers must consider trusts amid looming tax hikes

The events of the last 18 months have had a hugely divergent impact on people’s wealth. For many, it has been a period of perilous financial hardship and job losses. But, research indicates more than five million people became millionaires in 2020. Debbie...

Insight

1 September 2021

Trust structures offer flexible vehicles to support and protect wealth transfer for Shari’ah-compliant investors

Within the next 10 years, 25,000 high-net-worth individuals are expected to transfer $15 trillion to a younger generation. Trevor Norman looks at how trusts, foundations and similar legal structures can help to ensure an orderly transition of wealth between...

News

28 May 2021

VG named Tier 1 provider in 2021 eprivateclient Top Trust companies

VG has once again been recognised for the third consecutive year, notably as a Tier 1 Provider, in the annual eprivateclient Top Trust Companies rankings one of the industry’s most prestigious directories of private-client solutions providers...

News

7 May 2021

Doubled business growth, a duo of promotions and a raft of new joiners at VG

We are delighted to share that FY20/21 saw a 225% increase in new business versus prior year, despite the uncertainty of the last 12 months, and we kicked-off the new financial year (May 1 2021) with two promotions and a raft of new joiners to support our...

Insight

12 April 2021

SARS Tax Unit: Cause for a great emigration?

The South African Revenue Service has bolstered its tax collection capabilities and created a dedicated SARS unit responsible for improving the tax compliance of wealthy individuals and organisations employing complex, and often offshore, financial arrangements....

News

31 March 2021

VG promotes James Amos and Chris Hamon

James Amos and Chris Hamon have been promoted to Assistant Managers as we continue to recognise key talent and strengthen our management team.

Insight

5 March 2021

UK Budget: The only way is up

The pandemic has prompted unprecedented UK government policy responses and has involved enormous and sustained public spending that has left the UK with public debt levels unseen for decades.  Against the backdrop of a fragile economic the Chancellor...

News

24 February 2021

VG named Independent Trust Company of the Year

We are delighted to announce that VG has been recognised at the 2021 Citywealth IFC Awards where we won Gold in the Independent Trust Company of the Year category.

News

12 February 2021

VG strikes with a senior management hire

VG has appointed Sheena Huggett as Senior Manager to further support the expansion of VG’s private client team.

Insight

12 February 2021

All is (not necessarily!) fair in love and war

Financial matters will be far from a couple’s minds when they get married but very likely to be at the forefront when they get divorced, especially when dealing with high-net-worth individuals. Mark Healey explores how a trust can help avoid...

News

5 February 2021

VG strengthens management team with a VG veteran, a rising star and a new joiner

Following a raft of promotions in January 2021, VG has further strengthened its management team with an appointment and promotions of a VG veteran and rising star.

Insight

13 January 2021

Timing, cost and control: Top 3 considerations for deemed domicile planning.

As the 5th April deadline approaches Debbie Lumsden, Private Client Director at VG, explores the top three considerations for clients and their advisors when contemplating settling an offshore trust as part of deemed domicile planning.

News

6 January 2021

VG kicks-off 2021 with a sweep of promotions

We are delighted to have kicked-off the new year across our funds, private client, family office, corporate and compliance teams with 8 promotions, effective 1 January 2021, as we continue to strengthen our talent base.

News

18 December 2020

VG celebrates a year of growth

We close off the year by celebrating the appointment of a raft of new employees throughout 2020 as part of our focus on growth and a commitment to attracting the best local talent.

Insight

1 December 2020

The April countdown begins: Is tax the only driver for establishing a trust?

As a whirl wind 2020 draws to a close, it sets the scene for UK-resident non-domiciliaries to begin considering their plans for 2021, particularly for those who will become deemed-domiciled. Whilst the tax protections afforded by “protected settlements”...

Insight

26 November 2020

The best of both worlds: investments that are both Shariah-compliant and sustainable

Shariah-compliant finance was taking an ethical view of investing long before the rise of sustainable investment strategies in western financial markets. Now, as both Shariah-compliant and sustainable investments expand, investors and issuers are finding increasing...

Insight

16 November 2020

Building on a solid foundation

Ashley Le Feuvre, Director of VG Fund Services Limited considers, the key trends currently driving growth and development within Jersey’s funds industry.  

Insight

26 October 2020

Venturing beyond borders: A South African perspective

South Africans venturing offshore (whether investing directly or setting up structures), have been accused of disloyalty to the country. There are several reasons why this is simply not true and why offshore should feature in the investment landscape of all...

News

26 October 2020

Steve Langan appointed to lead VG’s corporate and capital markets business

Steve has a proven track record of delivering exceptional outcomes across global markets and a deep understanding of capital markets; he will lead a team in Jersey administering a diverse portfolio of employee benefits, corporate and private wealth structures,...

Insight

21 October 2020

Trust us, take tax advice.

There are occasions when clients and their representatives tell us that a structure is not tax driven and sometimes we are told that there are ‘no tax issues’. So, why else should clients and their advisers consider taking tax advice?

News

1 October 2020

VG appoints Paul Roper as Director

Paul’s appointment further strengthens our leadership team which, alongside Paul’s extensive knowledge of the African market, will extend our offering and reach into our core growth markets.

Insight

29 July 2020

The becoming ‘deemed domiciled’ in the UK conundrum; is your client holding the “right” assets?

The ability to create a ‘protected settlement’, prior to becoming deemed domiciled in the UK for all tax purposes, can be a “golden opportunity”.  But what if it is also a curse?

News

29 July 2020

VG named on 2020 eprivateclient Top Trust companies

VG has once again been recognised in the annual eprivateclient Top Trust Companies rankings, one of the industry’s most prestigious directories of private-client solutions providers across the globe.

Insight

8 June 2020

Fundraising in a crisis: why it’s time to consider a Jersey cash box.

COVID-19 has, in many cases, placed significant stresses on companies’ cash flows, even public limited companies (PLCs), and they may need an alternative, fast, flexible and cost-effective way of raising capital to safeguard the future of their businesses...

News

21 April 2020

Head of Compliance and Risk promoted to Director at VG

We are delighted to announce that Ian Murphy, previously Head of Compliance and Risk at VG,  has been promoted to the position of Director of VG and its underlying companies. 

Insight

1 April 2020

Jersey post-Brexit: Uniquely positioned for a supporting role

Whilst Brexit undoubtedly has implications for many aspects of Jersey’s relationship with the EU, its effect differs from that in the UK. Iain Mason explores why Jersey is well placed to play a key role between the UK and international markets.

Insight

19 March 2020

A once in a lifetime, golden opportunity – time is ticking.

As seems to be the case every year, as we lead up to the 6 April UK tax year-end, the more enquiries we get from clients and advisors looking to undertake planning and implement structuring before the client becomes ‘deemed domiciled’ in the UK...

News

16 March 2020

VG strengthens business development team with two hires

We are delighted to announce that we have appointed Debbie Lumsden as Private Client Director of VG. Debbie is tasked with growing the private wealth structuring business as part of the company’s next phase of growth.

News

25 February 2020

Iain Mason promoted to Managing Director of VG

Iain not only brings unrivalled technical knowledge, he has a solid, holistic in-depth knowledge and understanding of our business. 

Insight

1 July 2019

Economic substance - prove it!

There is no doubt that ‘substance’ is flavour of the month in the offshore jurisdictions. But what is it and how will it impact your offshore company?

Insight

3 May 2019

Waiting for the lightning bolt!

If you wait for the ‘giant leap for mankind’  you are very unlikely to recognise the ‘small step for man’ with which the journey of transformation begins.... Mark Hucker, Executive - Strategy and Projects

News

12 October 2018

VG introduces Mental Health First Aid team and raises funds for Mind Jersey

VG has created a dedicated Mental Health First Aid team as part of its investment into employee wellbeing.      

News

1 October 2018

VG awarded Islamic finance hat trick

VG was recognised at the Global Islamic Finance Awards (GIFA) on 29th September 2018, when the company was named Best Islamic Trust Formation Services Provider for the third year running.    

News

1 October 2018

VG strengthens funds team

VG has made several personnel hires and promotions to support the development of its funds offering into new regions and asset classes. 

News

12 June 2018

VG’s Ben Schofield named in ‘Top 35 Under 35’

VG is thrilled to announce that Senior Trust Officer Ben Schofield has been named in the inaugural ‘Channel Islands Top 35 Under 35’ list published by eprivateclient.

News

17 April 2018

Faith value

An insight into the latest developments in Shariah-compliant alternative investments from Trevor Norman and Dominic Coyne of VG’s Islamic finance team in this month’s STEP Journal, Volume 19, Issue 7. www.step.org/journal/step-journal-april-2018-full-issue/faith-value.

Insight

19 March 2018

Jersey remains the ideal location for real estate investment structures

Jersey remains robust in the face of pressure and the industry continues to thrive, particularly for investment holding structures where real estate is a major asset class.

Insight

19 March 2018

A rock and a hard place…

Once upon a time, a business could try to solve its legacy system problems by studying gaps and opportunities, looking at a range of alternative products, issuing a Request for Proposal, evaluating the responses, making a decision and negotiating a contract…...

News

9 February 2018

VG named on Top Trust Companies 2019 list

We have  been named as a Top Tier Independent Trust Company in the annual eprivateclient Top Trust Company rankings, one of the industry’s most prestigious directories of private-client solutions providers across the globe.

Insight

11 August 2017

When is a fund not a fund?

This may sound like the first line of a joke but in fact it highlights a very real question for the fiduciary sector about how to distinguish between private client services, corporate structures and funds and whether, in fact, it makes any sense to even try...

Insight

11 August 2017

Giving Trust a New Lease of Life

The concept of trust is tried and tested over centuries. But the reasons for setting up trusts have subtly shifted over time with a greater emphasis on tax and fiscal planning or, to put it another way, as a means of removing certain obligations from the...

Insight

11 August 2017

UK real estate structures – time for a health check?

Now is the time to consider submitting commercial property structures to a health check.

Insight

11 August 2017

Innovation and Change in Islamic Finance

When I first visited Dubai on business in early 1996, the only completed tower block on Sheikh Zayed Road was the World Trade Centre Tower and the road itself was little more than a dual carriageway!

News

11 August 2017

Volaw Group rebrands and launches new logo

VG brand reflects heritage and journey forward.

News

11 August 2017

VG Wins Recognition Again

VG retains GIFA Best Islamic Trust Formation Services Award.

Insight

11 August 2017

International Savings Plans

Launched in Jersey on 1 January 2019, the international savings plan (ISP) is a new way for employers to establish a savings plan product in a highly reputable and very well-regulated jurisdiction.

Testimonials

"I would like to count my Trustee at VG, with whom we have developed a decade long relationship, as a friend. But, I have refrained from doing so as we require their objectivity as a trustee on our offshore trust and the lead of the team that we rely on for all of our offshore matters."

Testimonials

“VG has been the Trustee of our Jersey family trust since its establishment in 2010; they have consistently excelled in their level ;of service, knowledge and diligence across all the activities of the trust. I would recommend them wholeheartedly."

Testimonials

“It makes us sleep well at night knowing that the assets we as a family have worked hard to accumulate are within VG’s stewardship."

Testimonials

“My Trustee at VG has looked after the offshore interests of myself and my family for nigh on two decades and they continue to do so, as Trustee and Director across a large group structure, with interests across the globe. They have taken the trouble to get to know us, our business, and various objectives closely. It is all about trust, and we trust them to do the correct thing for the beneficiaries, at all times. It is a great source of comfort to us."

Testimonials

“It is not only my Trustee at VG’s accessibility as a person, but that they have a grasp of the softer issues that arise in families, particularly as these become more complex – and the associated issues more vexed.” 

Testimonials

"I started working with my Trustee and VG in 2015. In the years that I’ve known them, communication has been straightforward; they have consistently explained both their and VG’s position and applied what seems to be the very best efforts in resolving any issues or following through on my requests. My Trustee is always a phone call away, they understand that business issues sometimes need to be addressed promptly and urgently. I feel that I am in good hands"

Testimonials

“We particularly value the fact that VG has been willing and able to develop a broad and deep understanding of our investment portfolio, allowing its protagonists to make important contributions that go clearly beyond the remit one would ordinarily associate with such a mandate.”

Testimonials

“In the last 7 years that I have worked with VG, there was never a situation when I was worried that there would be issues at Jersey level for any transaction and we have received the best advice sofar from you. I reached out to all service providers in Jersey but no one was close to services and availability that you provided. Without any doubts I have recommended VG internally for all businesses in Jersey and will continue to do so.”

Testimonials

“VG has been our valued and trusted Jersey business partner for many years. It stands for timely, flexible, and flawless service in all matters surrounding fund administration, regulation, and compliance."

Testimonials

"It makes such a difference to us on the legal side of things to have a professional service provider team that is so responsive and on top of the detail. Your team genuinely stood out on that front so thanks again for all of your efforts!”

Testimonials

“VG have been our Trustee for many years and have been a diligent and trusted partner as we have implemented and evolved our employee share incentive schemes. The team are helpful, approachable, and knowledgeable and have worked closely with us and our advisors, ensuring scheme administration and updates take place smoothly and efficiently.”

Testimonials

“The team at VG’s long service and experience in the employee incentives market means they can deal with any technical queries we have. They are always on hand to assist with our requirements in a timely manner.”

Testimonials

“It makes such a difference to us on the legal side of things to have a professional service provider team that is so responsive and on top of the detail. Your team genuinely stood out on that front so thanks again for all your efforts!”

Testimonials

"VG has been our valued and trusted Jersey business partner for many years. It stands for timely, flexible, and flawless service in all matters surrounding administration, regulation, and compliance."

Testimonials

“We have partnered with VG for over 10 years now and they still provide us with an excellent pro-active service. We feel confident that when we ask them technical questions in relation to the trust that they can come up with pragmatic, practical solutions and they recently worked seamlessly with us and our advisors to implement updates in respect of the trust."