FirstRand revamps wealth management Guernsey arm

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FirstRand International Wealth Management's recently launched Private Wealth Management arm has re-launched and re-branded the division's Guernsey-based fiduciary business.

The Guernsey firm, formerly known as RMB International (Channel Islands), has been renamed FirstRand Trustees. The business will focus on international clients in the UK, Middle East and Africa and its plans include enhancing the product range. Previously, the group predominantly provided trust services to its client base in South Africa and it will continue to offer traditional discretionary trust and offshore company services for private clients. However, FirstRand Trustees has launched a range of corporate structures to serve the growing market for pensions and savings schemes, emp...

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