Volaw Trust & Corporate Services and Europlan Group have merged their businesses.
The merger, which has been approved by the Jersey Financial Services Commission, was completed on 19 September 2012. From that date the combined business is operating under the Volaw brand.
Existing Europlan clients will maintain the same relationship with their contacts at Europlan. All functions of Europlan’s private client administration and funds administration will remain in place following the merger. Europlan clients will be notified of changes to contact details (such as telephone numbers and email addresses) before they take effect during September, when Europlan staff will move to Volaw’s offices at Templar House, Don Road, St Helier, Jersey.
The merged business comprises almost 100 directors and employees, making it one of Jersey’s larger independent fiduciary services companies. Advocate Ian Strang continues as Volaw’s chairman and Robert Christensen as Volaw’s group managing director. Europlan chairman Michael Dee and managing director Ben Warner have joined Volaw’s board of directors, increasing Volaw’s board to 11 directors.
The merger brings together two long-established Jersey-based trust services businesses, and was agreed following a careful review of recent and anticipated trends in the trust company sector.