Discussing career development can be a softer entry point into tougher conversations around succession, according to UBS’s Thomas Ang.
Asia’s next generation is redefining their career aspirations, with a notable shift towards seeking a sense of satisfaction as they explore setting up their own ventures and getting involved in the family office.
This change presents challenges and opportunities for wealth managers, as it is no longer merely about joining the family business.
According to Thomas Ang, UBS global co-head family advisory, art and collecting, discussing career development can be a softer entry point for succession conversations, and offer opportunities to introduce wealth management solutions.
If you’ve been hiding funds in offshore accounts, you now have until Oct. 15 to apply to the IRS for amnesty and avoid stiffer penalties. That’s an additional 22 days from the original deadline
The 40% rise in the number of Britons owning crypto-assets revealed by the latest FCA survey will lead to a ramping up of compliance activity against those who fail to pay the correct tax on their crypto
Italy plans to raise its capital gains tax on bitcoin to 42% amid growing adoption and as the EU prepares to implement its unified cryptocurrency regulations. Italy is set to increase its capital gains
More and more UK households are sending their cash overseas to escape a Labour Party government and HMRC raid. Savers are moving their money overseas to avoid Rachel Reeves’s punitive tax raids, leading