20 Years On – The Endless Possibilities For Protected Cell Companies

Protected cell companies (PCC) are becoming an increasingly popular tool for private wealth structuring and succession planning arrangements, writes Dominic Wheatley.

The flexible structures, which celebrated their 20th anniversary earlier this year, were originally developed in Guernsey for use in the island's captive insurance sector, but have since gone on to be used as an alternative application for the structuring of many different types of products.

Other jurisdictions have changed the name in an attempt to differentiate, but effectively all cell company legislation globally has been based on that originally formulated in Guernsey.

Indeed, many in industry will be familiar with the use of PCCs in captive insurance or collective investment schemes, but they are increasingly being seen in a private wealth setting too.