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Ken advises high-net-worth families, family offices, listed companies and SMEs, providing strategic guidance on long-term wealth and business succession planning. His work centres on responsible intergenerational stewardship, combining asset protection, privacy and tax efficiency with thoughtful structuring. He plays a central role in shaping client strategy and is known for delivering a highly personalised advisory experience. Ken joined the firm in 2018 following more than a decade in senior investment advisory roles within financial markets, bringing broad commercial insight to complex planning discussions. He is a Chartered Wealth Manager, holds the Diploma in Private Client Investment Advice and Management and is a Chartered member of the CISI. He has been included in the peer-nominated Global Elite directory as a Rising Star.

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LONDON, UK. 10th July, 2024 – Leading financial advisory firm, John Lamb Hill Oldridge, has announced the formation of a specialised team to support advisers and clients in navigating the complexities of Insurance Based Investment Products (IBIPs). This initiative comes in response to the recent changes in Capital Gains Tax (CGT) rules and the proposed reforms of the “non-dom” regime, which have significantly impacted high net worth individuals and families. John Lamb Hill Oldridge, recognised as the UK’s premier broker for high-profile and high net worth clients, has observed a marked increase in the demand for IBIPs, commonly known as “offshore bonds.” This surge is attributed to freezes and reductions in Income Tax and CGT thresholds and allowances, as well as rising administrative costs associated with asset management. Ken Maxwell, director at John Lamb Hill Oldridge, commented on the new service, stating: “While we’ve never stopped advising on offshore bonds, demand in recent years has been low. However, reduced CGT allowances and proposed changes to the non-dom rules have left clients and advisers in an uncertain position over the future taxation position of non-doms worldwide.&nbsp; “Collaborating closely with a network of advisers, we ensure seamless integration, offering support to other professionals and acting as part of an advisory team for the benefit of our clients.” An offshore IBIP is a strategic tax arrangement designed to improve tax efficiency by allowing the gross roll-up of both Income Tax and CGT. Clients can withdraw up to 5% of the initial investment value annually without immediate Income Tax liability, making the structure effective for up to 20 years at this rate, and up to 40 years at a 2.5% withdrawal rate. John Lamb Hill Oldridge’s dedicated team will not offer an investment proposition, leaving this to the client’s existing investment managers. Instead, their focus will be on providing highly technical advice and support, tailored to the complex needs of high net worth and ultra-high net worth clients. Ken Maxwell added: “Our team is composed of highly technical advisers who are adept at handling the complexities associated with high net worth and ultra high net worth clients.&nbsp; “With a deep understanding of the unique requirements and sophisticated needs of this clientele, we are committed to delivering exceptional service and tailored solutions that align with their financial needs and objectives.” The dedicated team at John Lamb Hill Oldridge will offer free, no-obligation exploratory consultations with clients and their advisers. They will conduct thorough analyses to identify suitable IBIP providers, evaluating financial protection and regulatory frameworks across various offshore jurisdictions to ensure optimal placement. Comprehensive money laundering checks, including source of wealth and source of funds verifications, will be performed. Additionally, detailed recommendations addressing the suitability of the structure and provider based on the client’s key objectives will be prepared. The team will schedule annual review meetings to assess performance, address concerns, and make necessary adjustments, ensuring maximum tax efficiency for withdrawals. In addition to direct client services, John Lamb Hill Oldridge offers a training module for professional firms seeking technical support, further solidifying their commitment to providing top-tier advisory services. For more information, contact the dedicated advice team at John Lamb Hill Oldridge at mail@jlho.co.uk or 020 7633 2222. ENDS<blockquote>While we’ve never stopped advising on offshore bonds, demand in recent years has been low. However, reduced CGT allowances and proposed changes to the non-dom rules have left clients and advisers in an uncertain position over the future taxation position of non-doms worldwide. Collaborating closely with a network of advisers, we ensure seamless integration, offering support to other professionals and acting as part of an advisory team for the benefit of our clients.</blockquote>

Paula Steele

John Lamb Hill Oldridge launches dedicated Insurance Based Investment Products advice team

The UK’s foremost specialist protection adviser, John Lamb Hill Oldridge, has boosted its leadership team by promoting Holly Hill to the role of Associate Director. A former Team GB rower, Holly joined John Lamb Hill Oldridge in 2022 and has excelled in her role within the Estates team.&nbsp; In 2022 she took home bronze in the Financial Advisory Individual of the Year category at the Citywealth Future Leader Awards and, a year later, was shortlisted in the Private Investment/Family Office/UHNW services Individual of the Year category. Holly focuses on advising the firm’s landed and property estate clients, resolving the issues that arise when placing significant life cover policies in both the UK and international markets.&nbsp; Commenting on this promotion, Alex Gibson-Watt, Managing Director at John Lamb Hill Oldridge, said: “Since joining us in 2022, Holly has proved to be a fantastic addition to our Estates team. “With a keen understanding of estate management, her advice covers all aspects of a client’s insurance requirements with a specific focus on Inheritance Tax planning. “This new position will allow Holly to join our leadership team, and we’re excited to see her continued progression within the firm. Congratulations, Holly, this is very well deserved!” Bringing success in sport to success in financial services Before joining John Lamb Hill Oldridge, Holly was a graduate of the GB Rowing Start programme, first pulling on a Team GB vest in 2015.&nbsp; After helping Cambridge to win the University Boat Race in 2017, she won a European Silver Medal in 2018, a Bronze World Cup Medal in 2019, and was selected for the Tokyo Olympics in 2020, before Covid sadly caused her to miss out on the 2021 Games. In addition, Holly holds a Diploma in Regulated Financial Planning, has a degree from Downing College, Cambridge in Human, Social and Political Sciences and is currently working towards becoming STEP-qualified. &nbsp;<blockquote>I’m thrilled and excited to be joining the leadership team here at John Lamb Hill Oldridge. Our Estates team is thriving and I'm looking forward to exploring where we can further develop our support for the private client world. Rowing gave me some fantastic skills that I have been able to transfer to the world of financial services. From putting the team before anything else to developing resilience in the face of challenges and my communication skills, my background as an athlete has certainly helped me in my career.</blockquote>

Leading insurance expert promotes Team GB star, Holly Hill, to Associate Director

John Lamb Hill Oldridge is delighted to announce the launch of its Renewal and Valuation service for life insurance policies.&nbsp;Clients, Trustees and Advisers face a myriad of issues where they are looking at the insurance policies held by their clients, particularly where the client holds pre-2013 policies encompassing a range of different options and often having underlying investments. Among the issues facing clients/trustees/advisers are: • Annual schedules of cover not produced • Regular reviews not carried out • Changes in client circumstances not taken into account • Changes in trusts/trustees not reflected in insurer records • Renewal and conversion options are misunderstood or missed and not costed against current market rates • Indexation options are misunderstood • Sufficiency of cover not regularly reviewed against liabilities • Appropriateness of cover in the light of current market alternatives not researched • Termination dates of cover not considered • Data required for 10 yearly periodic charge in relevant property trusts not readily available • Death claims not effectively handled &nbsp;<blockquote>We find that insurers have lost staff skills and expertise in dealing with their legacy policies, and many advisers no longer have staff competent to deal with these historic policies. The John Lamb Hill Oldridge team has provided this Renewal and Valuation Service for many years for its own clients and has dedicated staff dealing with these matters. We are delighted to expand our service to a wider audience.</blockquote>

John Lamb Hill Oldridge launches a Renewal and Valuation Service for life insurances

Ken advises high-net-worth families, family offices, listed companies and SMEs, providing strategic guidance on long-term wealth and business succession planning. His work centres on responsible intergenerational stewardship, combining asset protection, privacy and tax efficiency with thoughtful structuring. He plays a central role in shaping client strategy and is known for delivering a highly personalised advisory experience. Ken joined the firm in 2018 following more than a decade in senior…

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John Lamb Hill Oldridge

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