Guernsey's Guernsey Private Wealth Forum, held
online on 14 October, looks at the challenges of 2020 and how the
family office sector is responding. Alasdair McLaren, Head of
Private Wealth at IQ-EQ in Guernsey, and Natasha Kapp, Partner in
Carey Olsen's trusts and private wealth group in the island,
discuss the impact and how Guernsey is
responding.
If 2020 is accurately summarised as a year of uncertainty, what
has this done to the private wealth/family office market?
Alasdair McLaren (AM): I believe the market has
been affected in a number of ways. For a start, when the pandemic
hit, service providers had to swiftly reassess how (and where) they
worked, implementing changes overnight that may ordinarily have
taken months or years.
