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.
The government has moved to regulate the operations of cryptocurrencies in the country as it seeks to protect their users following the establishment of a multiagency technical working group. The multi-agency
The UK government has granted greater powers for the National Crime Agency (NCA) and police to seize, freeze and destroy cryptoassets used by criminals, effective today. Criminals, including drug traffickers,
The UK’s tax gap has widened according to latest figures from HM Revenue & Customs (HMRC). New data from HMRC shows that the UK missed out on £46.8bn of tax liabilities in the 2023-2024 financial
A millionaire exodus widely reported by news outlets around the world in 2024, and credited for the UK Labour government’s decision to weaken tax reforms, did not occur, the Tax Justice Network reveals.