In fact, the impact of the pandemic on private clients has been the opposite: many have experienced increases in their personal wealth that have been nothing short of startling. However, bucking this trend, the growth of private client work offshore appears in some respects (and at least to date) to have continued on unaffected in any profoundly negative sense by this recent turmoil.
Much has already been said about the life-altering changes brought about by the Covid-19 pandemic with, quite understandably, a trend towards analysing the widespread negative consequences many of us have experienced largely as a result of the immense restrictions imposed on our lives. 07 October 2021 Trusts, turmoil, and the tropics – a Cayman Islands perspective