Independent, privately owned fiduciary and investment services company



With London as influential as New York and rapid development in emerging markets, the world’s financial systems never sleep. Unlike New York’s, however, London’s working hours overlap with financial centre’s around the world and in economic terms the City has become a global powerhouse.


That is great news for Guernsey’s finance industry and for its clients. The Channel Island is just one hour away on one of many regular scheduled daily flights from two London airports so is easily accessible from anywhere in Europe. The island has many of the advantages of being in London without being onshore in the UK, since its own centuries-old legal system applies English common law practice and precedent in the commercial and regulatory sector – which is still the first choice of many major international corporations and individuals.


With an unbroken system of government whose origins can be traced back over 1,000 years, Guernsey provides the perfect combination of continuity and modernity – secure in its identity while progressive and innovative in its outlook.

In his dedication in ‘Toilers of the Sea’, Victor Hugo, who lived and wrote in Guernsey, described the island as ‘a rock of hospitality and freedom’. It has an independent and extremely stable government with its own tax system and legislature and with continuity of allegiance to the crown, unlike many other jurisdictions. Clients from all over the world value the security that this stability brings.

Guernsey is not part of the United Kingdom nor of the European Union and, as a well-regulated jurisdiction, has carefully protected its position at the pinnacle of offshore financial centres.


The island’s first merchant bank was set up in 1963 and as of December 2017 deposits stood at £91.5 billion. With a highly educated and well-trained workforce, the local finance industry employs over 25% of the working population.

Guernsey is also a long-established location for trust and company services and is an acknowledged centre of innovation for international insurance and the leading European captive insurance domicile. In addition, in September 2017 it was home to £269 billion of investment funds under management and administration. The Guernsey Financial Services Commission regulates all of these activities.



Elaine joined Lancaster in 2011 as a Client Accountant. She has nearly 20 years’ experience in the finance industry having previously worked as a Trust Manager at Rawlinson & Hunter and then as Head of Finance for the Guernsey office of Private Equity firm, Partners Group.  She has worked on bespoke structures for high net worth individuals and on family office arrangements with complex accounting treatments. Elaine holds an Advanced Diploma in Accounting and Business, awarded by ACCA, and is approaching full ACCA qualification. Elaine was appointed to the Board of Lancaster Investment Services Limited in January 2017.