Families and Family Offices

Over the next two decades, Africa will see its most significant transfer of wealth from one generation to the next. Yet, statistics show that many family businesses fail by the third generation. In African Business Magazine, Private Wealth Partner, Julie Howard explores strategies wealthy African families can adopt to succeed in preserving their wealth, unpacking why succession planning is more than a financial exercise – it is about safeguarding legacy, unity and values.

The UK’s Skilled Worker visa route has undergone major reform and tech businesses may be more exposed than they realise. In their recent article for Tech Monitor, Immigration Partner, Zoe Jacob and Associate, Rhona Findlay warn tech leaders not to overlook the impact of these changes, breaking down the implications for roles at RQF Level 3-5 and explaining why CIOs and HR teams must act now to audit their workforce and mitigate immigration risks.

In a recent article by Pictet Wealth Management and the Financial Times, Partners Hayden Bailey and Clare Stirzaker share their insights on how modern families are rethinking succession, governance and intergenerational dialogue. From fluid leadership structures to family councils and shared decision-making, today’s legacy planning is less about handovers and more about ongoing conversations and design frameworks that last.

From 6 April 2025, the Government’s new Foreign Income and Gains (FIG) regime for ‘qualifying new residents’ (QNRs) introduced a fresh landscape of tax incentives. Despite widespread criticism and concerns around the fiscal impact of scrapping the non-dom regime, the new reforms provide significant benefits for new UK residents – including exemption from UK tax on qualifying income and gains for their first four years of residence. In City AM, Private Wealth Senior Associate, Clare Pooley explores how the new regime works in practice, who stands to benefit, and the long-term implications for international mobility and investment in the UK.