Discretionary Portfolio services

When considering the merits of an international bank account, decisions are often based on the unique features and lifestyle benefits that are packaged with your offshore account. What is often overlooked, however, is the convenience and flexibility you gain from being able to wield a globally-accepted debit card.

Alternative strategies to preserve and grow your wealth can sometimes be viewed as risky. That certainly can be the case if you adopt a more aggressive approach in your portfolio planning, although this is seldom the right approach for your everyday investor.

As the 2030 deadline to meet United Nations Sustainable Development Goals nears, Standard Bank Offshore is firmly behind efforts to inject urgency into global efforts.

In a world where speed of access is paramount, fintech banking solutions have attracted new generations of customers. But as regulatory requirements increase, easy access is giving way to unexpected hurdles down the line when regulators come calling.

The story of the X-trust is worth sharing. It started like any other story about a trust with a protector. The late settlor, Ms Goodness, with sound intentions appointed a protector to the discretionary trust that she settled. The protector, an accountant by profession that was well known to her, called Rudy, was an Australian resident. Ms Goodness did not have any children, and the beneficiaries of the trust as per the trust instrument were her nephews and nieces. Her desire for her nephews and nieces to benefit was also expressed in her letter of wishes that the trustee held on record.