Philippines Wealth Management Forum 2019 - Exclusive Insights - Angel Marie L. Pacis - 2

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1. In the Philippines - what are the effects of transparency on the conversation with clients?

Video transcript

1. In the Philippines - what are the effects of transparency on the conversation with clients?

Transparency has actually been good for advisors like me. Before, the clients didn't feel the need to hire anybody for advice because they assume that things will just fall through the cracks, but now that they are more afraid, they realise that tax administration has tightened, they're actually more open to talking to people to prepare and make sure that they are compliant and they don't have problems down the line.

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