Specialist session option 3: Financial decision making capacity

Moderator: Mark Dunkley TEP, Shakespeare Martineau, UK Carol Lynde, Bridgehouse Asset Managers, Canada

In a rapidly changing world clients are increasingly vulnerable to risks when making financial decisions – from online debt and poor financial advice to vulnerability due to life circumstances whether permanent or temporary. How can TEP's minimize risks of financial loss for their clients? Legislation dealing with investment decision making capacity, and safeguards, varies across jurisdictions. What are the new and emerging challenges, issues and opportunities? What are the emerging best practices?


Registration and refreshments

Exhibits open

Day 2 Welcome

Kathleen Cunningham TEP, Programme Panel, Canada

Keynote Address 4: Assault on affluence: the threats and opportunities

Mary Jo Jacobi, Mary Jo Jacobi Consulting LLC, USA

The aspirations of past generations have become the abhorrence of present ones and  many deem  financial success to be immoral.  The resulting “wealth guilt” is propelling many one-percenters into  “stealth wealth”, hiding their success and concealing their consumption.

  • When and how did earning, saving and inheriting money become reviled?
  • How can the profit motive coexist with populism?
  • Can the conversation be changed?

Mainstage Session 5: Supported decision making – here to stay?

Moderator: Áine Flynn, Mental Health Commission, Ireland Emily L. Clough TEP, Clark Wilson LLP, Canada Louise O’Mahony, Banking & Payments Federation, Ireland Malcolm Schyvens, NSW Civil & Administrative Tribunal (NCAT), Australia

TEP clients and family members experience a range of cognitive challenges over the life span. As the world’s population ages, assessing decision-making capacity and the right to autonomy of decision-making is attracting increased attention.  Article 12 of the UN Convention on Rights of Persons with Disabilities requires states to recognise that persons with disabilities enjoy legal capacity on an equal basis with others in all aspects of life. Implementing the convention requires a paradigm shift in how society thinks about capacity and decision-making. 


Networking and refreshments


Keynote Address 5: Smiling Gecko - from passion to sustainability

Dr.h.c. Hannes Schmid, Smiling Gecko, Switzerland

Hannes Schmidt takes an immersive look at how philanthropy can make a difference to people’s lives in areas where wealth and resources are scarce. He will discuss how a holistic approach can lead to sustainable improvements in living conditions in society and how passionate individuals can create their own positive disruption when faced with overwhelming inequality.


Mainstage Session 6: Trusts underwater – insolvent Trustees

David W Marks QC TEP, Inns of Court, Australia Jonathan Speck TEP, Mourant, Jersey
  • In tough times, trustees can become insolvent
  • An external appointee, e.g. liquidator, has to decide priorities, out of the pool
  • A trustee has rights of exoneration and or recoupment, compendiously the “right of indemnity’. Are the rights different?
  • What is the trustee or ex-trustee’s lien?
  • Can a creditor be subrogated to those rights?
  • The cases are showing new, practical features of parties’ rights, and the responsibilities of insolvency practitioners

Networking lunch

Kindly sponsored by Jersey Finance 


Specialist session option 1: Disrupting the business families mindset

Moderator: Kecia Barkawi TEP, VALUEworks AG, Switzerland Peter Englisch, PricewaterhouseCoopers, Germany Hakan Hillerstrom, Switzerland Family Business Speaker

Kindly sponsored by Rawlinson & Hunter

An interactive panel that will encompass a family business practitioner, a patriarch/matriarch and a millennial next-gen. The conversation will focus on practical challenges and experiences governing disruption and how it should battle entrenched mindsets.


Specialist session option 2: Reinventing philanthropy for greater environmental impact

Moderator: Tenke Zoltani, Better Finance, Switzerland Karl Burkart, One Earth, Rockefeller Philanthropies, USA Stephen Fern, G9 Private Office and G9 ICC Fund, Switzerland Ana Toni, Institute of Climate and Society, Brazil

Kindly sponsored by Jersey Finance
Climate change promises to alter global socio-economics and widen inequalities across the world. This panel discussion will illustrate why and how philanthropy must evolve in design and approach, interacting across stakeholders and sectors to stay relevant. It will explore through examples taken from the work of the panelists how philanthropy will go hand in hand with a more disruptive approach, involving investors and businesses and new models beyond traditional non-profit grant making, to achieve greater environmental impact.


Change rooms for next specialist sessions


Specialist sessions repeated – options as listed above


Networking and refreshments


Mainstage Session 7: Rehabilitating trusts

Moderator: Simon Hodges, STEP Worldwide Joseph C. Kellogg TEP, WE Family Offices, USA Ryan Myint TEP, Pennington Manches Cooper LLP, UK John Riches TEP, RMW Law LLP, UK Philippa Stokes TEP, Rawlinson & Hunter, Cayman Islands

Trusts have suffered from an image problem in recent years, with media stories portraying them as vehicles for wealthy individuals to “hide” tax from the relevant authorities. The rehabilitation of trust project aims to rebuild that reputation among key stakeholders and put evidence into the debate. This session will discuss findings from the research undertaken as part of the project.


Keynote Address 6: Artificial Intelligence (AI) - Opportunities and threats for the professions

Professor Richard Susskind OBE, Oxford Internet Institute, UK

Artificial Intelligence (AI) is more visible and accessible than it has ever been. Financial institutions, accounting firms and other professional organisations are tapping into AI for massive but efficient analysis, generating user friendly reports and processing vast amounts of data faster and with greater accuracy.  Our speaker will discuss the opportunities AI presents and perhaps particularly the threats we face as professionals.


Final remarks

Kathleen Cunningham TEP, Programme Panel, Canada Mark Walley, CEO of STEP Worldwide

Farewell drinks hour

Ballroom Foyer, InterContinental Hotel Dublin

Briefing in association with Jersey Finance: The evolution of philanthropy

Moderator: Joe Moynihan, Jersey Finance, Jersey Penny Chapman, Partner, BDB Pitmans John Pipon, CEO, Philanthropy Impact Russell Waite, Founder, Affinity Private Wealth, Jersey

Philanthropy and sustainable finance are fast becoming a priority for high net worth millennial investors. This isn’t a trend; it’s a growing sector of expertise. The panel will examine how the philanthropic endeavours of the next generation of wealth-holders is affecting the way companies do business, how families, individuals and firms are adapting to align their values with investment and how sustainable finance will impact the future of private wealth management.