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.
On 4 December 2024, the General Director of the Department of Finance, Dubai, issued Administrative Resolution No. 107 of 2024 (the “Resolution”), providing guidance on the implementation
The Ministry of National Economy and Finance introduced a tax bill that contains several changes to the Golden Visa Program, including measures to shift foreigners’ interest from real estate investment
The recently presented plan outlines the joint efforts of the EU and China to implement the Memorandum of Understanding between the union and the world’s most populous country on the circular
The Alpine nation is due to hold a popular vote in November on the introduction of a federal tax on inheritances and gifts worth more than CHF50 million ($61 million). Unlike existing cantonal duties