As an alternative to a trust or company structure where a client wishes, for a variety of reasons, to retain the assets in his/her own name we offer a managed service identified under that individual”s name which is fully managed and controlled by Cannon. It must be understood that, in offering this service, Cannon is neither operating as a banking nor a deposit taking institution.
- Uses of the Managed Service
- Ideally suited to receive Foreign Investment Allowances from South Africans wishing to invest offshore
- Asset holding – other than direct property, the account can hold investments in all asset classes.
- Advantages of the Managed Service
- It provides cost effective service
- A full book keeping and accounting service is provided
- Access to investment expertise and advice