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Wealth planning

China's growing HNW set eye wealth preservation, says Bain report

The growing number of Chinese high net worth (HNW) individuals - defined as those with at least RMB 10 million (US$1.6 million) in investable assets - are increasingly focused on wealth preservation as their primary objective.

The Skandia approach to wealth solutions in Singapore

Craig Ellis, head of region and principal officer for Skandia International Group in Singapore and South-east Asia, tells Hubbis why the firm is well-placed to make the most of the potential in the local market for estate planning structures and other long-term solutions.

Jersey courts create new trust-related regime

The Royal Court of Jersey has issued new guidance on the responsibilities of trust protectors.

Time of change for Asian family businesses, says Coutts report

According to a new report by Coutts, many family businesses in Hong Kong and China are facing a number of challenges, and need to undergo significant change, as ownership and managerial responsibilities are passed on to either the next generation or to non-family members.

How to avoid conflicts and losses due to divorce

Marcus Dearle, Hong Kong Office managing partner at Withers, talks to Hubbis about the tools, structures and techniques which can help individuals structure their assets to preserve wealth from the risk of divorce.

Trends in managing multi-jurisdictional wealth

Martin Crawford, chief executive officer at OV Group, explains how he sees the role of wealth planning evolving, especially relating to cross-border advice, including the appeal of different jurisdictions and structures.

Making more of life insurance

Thomas Henze, chief executive officer of Swiss Life in Singapore, explains the role and application of investment-linked insurance solutions as a key component of wealth structuring in areas such as succession planning, asset protection and tax optimisation.

Facing up to the reality of increased transparency

Peter Golovsky, managing director and global head of private clients at Amicorp Group in Hong Kong, explains what today’s increasingly transparent and compliant world means for fiduciary services, and for the role of advice in wealth planning.

Guernsey Foundations Law comes into force

The long-awaited Foundations (Guernsey) Law 2012 came into force on Tuesday, 8 January 2013, with the Guernsey foundations register opening the following day.

Guernsey fiduciary firm opens China office

Guernsey-headquartered Richmond Fiduciary Group has set up its own representative office in Shanghai’s Jing'an district.

Dealing with the pitfalls of settlors being in control

William Ahern, principal of Family Capital Conservation, looks at some of the issues and risks which can arise in structures which fulfill the desire by clients to retain as much control as possible over a trust – and explains how to tackle these effectively.

How Indians can get overseas residency

High net worth Indians can invest abroad and obtain residency and citizenship to achieve their financial and non financial goals, says Prashant Ajmera of Ajmera Capital.

Mobile millionaires prioritise family and quality of life, says report

A global, nomadic approach to personal and professional life is a key factor to the success of millionaires around the world, according to new research released by RBC Wealth Management and The Economist Intelligence Unit (EIU).

Accessing China's growing appetite for trusts

Alex Cho, managing director at Intertrust Group in Hong Kong, talks to Hubbis about the increasing interest in trusts from wealthy mainland Chinese as part of the realisation of the value of proper estate and succession planning – and explains how to make the most of this business opportunity.

The role of insurance companies in wealth management

Some wealth management practitioners say they find it difficult to make the case to clients that they're getting significant value for money through buying insurance products. Indeed, the industry – even by its own admission – must do more to meet investors’ expectations, in terms of transparency and fair dealing.

Younger HNWs are more philanthropic, says new report

Younger high net worth (HNW) individuals are more concerned about issues of poverty and the rich-poor divide than their older counterparts, according to a recent report by the Charities Aid Foundation (CAF).

Withers continues wealth planning expansion in Asia

International law firm Withers has hired Simon Michaels as a partner in the firm’s Singapore office.

Tackling a more complex world for trusts

Andrew Miller, partner and global head of trust at Walkers, and Lee Syin Long, head of trusts for Walkers in Asia, talk to Hubbis about how advisers and clients should think about structuring their assets in a more burdensome environment.

Withers bolsters US tax and wealth planning capability in Asia

Wither has relocated US qualified lawyer Erik Wallace from London to Hong Kong in response to the increasing demand across Asia for advice on US tax and wealth planning issues.

Handling tricky wealth planning topics

Relationship managers must be more proactive around helping their clients tackle thorny issues such as death, divorce and disputes in creating suitable plans for wealth transfer and general estate planning.

Getting planning and structuring right

Peter Triggs, managing director, and head of international clients and wealth structuring at DBS Private Bank, explains to Hubbis the many considerations for clients around ensuring they get the most appropriate advice on their wealth planning needs.

CEO Interview: Heritage Trust Group

Angelo Venardos of Heritage Trust Group discusses the rationale and drivers for him to set up the firm, and looks at the current landscape for wealth planning in Asia.

BNP Paribas bolsters wealth planning and key clients teams

BNP Paribas Wealth Management has made several key appointments for its wealth planning solutions and key clients groups in Asia Pacific.

A shift towards more bespoke trust structures

Markus Grossmann, managing director of Trident Trust in Singapore, talks to Hubbis about some of the main trends and opportunities in wealth planning in Asia, and explains the need for greater education and knowledge to address current shortcomings.

A growing role for tax planning

Bernard Rennell, chief executive officer, North Asia, global private banking, and global head of private wealth solutions at HSBC Private Bank, discusses the bank’s approach to – and the increasing significance of – tax structuring and trusts for local clients.

US estate and gift tax laws to impact many in Asia

A number of forthcoming changes to US tax law will adversely affect current US estate and gift tax planning opportunities, in turn impacting a substantial number of people in Asia, according to Withers, the law firm.

Wealth planning - the pitfalls of not planning

Marcus Leese of Ogier looks at the main reasons why many wealthy individuals and families don’t engage in effective wealth planning, and at the dangers this poses, and also explains how to overcome this.

DLA Piper strengthens private client services in Asia

DLA Piper has appointed Todd Martin Beutler as partner in its Hong Kong office to strengthen the firm’s US tax and trust capabilities in Asia.

The growing role of wealth planning in Asia

Fan Choi of Coutts discusses the drivers for the increasing focus in Asia on the need for wealth planning, and looks at some of the trends in the tools and structures being used.

A day-in-the-life: wealth planner – Jonathan Hubbard

Jonathan Hubbard of UBS Wealth Management explains what his role involves as head of the firm’s wealth planning business in Asia, and looks at how to effectively work with other parts of the organisation.



 

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