Asia
40% of HNWs globally do not have formal inheritance plan
Inadequate strategies ‘can be costly and could lead to unresolved family conflict’
St James’s Place assets perk up
But FuM still a long way from the £154bn it had on the books at the start of the year
Asset manager obtains Singapore licence
In a bid to provide wealth inheritance solutions for HNW individuals
PEOPLE MOVES: Hargreaves Lansdown, Schroders PW, UBS
CEO to retire from investment firm, as advice group names chief technology officer
Utmost to shut Singapore advice firm AAM Advisory
It was the ‘preferred strategic outcome’ following a review of the business