Insights
Insights
Dispelling the myths about ‘typical’ Private Banking clients.
There’s a popular misconception that private banks are only really for the Lords and Ladies, leaders of industry or sporting superstars. Don’t get me wrong – we’re pleased to have clients like this – but are they a typical private banking client? At Hampden & Co, I’d have to say the answer is ‘no’.
Are you prepared for a 20% rise in school fees?
Choosing a private education is a significant and lengthy financial commitment which requires careful consideration and planning. Private school fees in the UK continue to rise at rates above inflation. According to the Independent Schools Council's 2024 report, average fees per term at member schools saw annual increases of 9.0% and 8.8% for boarding and day schools respectively, to £14,175 and £5,908.
Why consider a Private Bank?
Mark Plummer has been reflecting on what typically triggers a client to decide to switch bank. They generally move after becoming frustrated with their existing bank for one of the following reasons…
Will resident ‘non-dom’ rule changes drive people away?
At Hampden & Co, banking is our only business. We do not give wealth, planning or tax advice to our high-net-worth clients. This gives us the opportunity to work in partnership with a wide array of top law, accountancy, planning and investment management businesses. They are happy to introduce their clients to us as we are not in competition.
Analysis of HM Land Registry data shows resilience in the prime property market
Is your family protected from inheritance tax?
