Jersey Finance gets top rating from Standard and Poors
Jersey Finance has been awarded a AA+ ‘Long Term Issuer Default Rating’, one of the best international credit ratings possible, by Standard and Poor’s (S&P). In addition, S&P has also given Jersey a ‘stable outlook’ and a short-term rating of A-1+, again the highest level possible.
Geoff Cook, CEO of Jersey Finance, said: “As well as highlighting Jersey’s strong policy settings and the fact that Jersey has no public debt, the S&P report also reflects the maturity of Jersey’s financial services infrastructure, the high-quality service and regulatory standards organisations adhere to, the strong liquidity of Jersey’s banking system and the safeguards that are in place to protect investors, such as the banking depositors’ compensation scheme.‚Äù
Be careful investing too much in property
Stuart McCarthy, Private Client Director at Brown Shipley, says UHNW sports stars should be advised to save wisely for that eventual rainy day which can arrive a lot sooner than they think