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The Scotsman
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from January 01, 2004
Last Document: May 15, 2012
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The Scotsman
Wealth Management
Rich people just want to get richer is a truism that is centuries old, and it's a common belief that even the mildly wealthy just want to make more money, regardless of how they do it. Yet in recent years, a trend has emerged that clearly shows that while the wealthy - by wealthy, we mean anyone with investable assets - want to safeguard and increase their wealth, they also want to make their money do some good.
Financial Services Reaps the Whirlwind
When governments decide to blow a whirlwind of regulatory change through any industry, people in that industry will claim that there has been damage, some of which can be collateral. Such has been the case with the financial services industry in the wake of the credit crunch and the subsequent recession which had its roots in the global banking crisis.
Armour Plating for the Cautious Investor
One of the more fascinating aspects of modern investment practice is the use of trusts as a way of investing wealth and assets. Many people tend to shy away from trusts, as at first sight they do seem to be complex and varied. But the basic concept of a trust is simple. Trusts in law are an English invention and date back to the time of the Crusaders when those who went to fight in the Holy Land left their property - sometimes even their wives, children and serfs - in the care of a trusted fr...