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Asian Wealth Management Forum 2019 SG - Highlights - Laurence Lancaster

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1. What are the challenges and opportunities for this industry?

Video transcript

1. What are the challenges and opportunities for this industry?

In some respects, the challenges present the opportunities. We have openness, transparency, exchange of information going on in the industry and I think that does present challenges to the old way of doing things, but at the same time presents opportunities to us all in terms of doing things correctly, taking tax advice, spending more time on each case. There's probably likely to be less volume but more quality, so each case you're likely to spend more time on. It's going to require more effort, but at the same time, that presents opportunities.