eprivateclient

Philanthropy being used by families to prepare next-gen wealth transfer, HSBC research shows

News Team, 14/12/2022

Dorothy Chan

For families in Asia and globally, philanthropy has become a tool for preparing the next generation (next-gen) to take over their businesses, a survey by HSBC Global Private Banking showed.

Amongst all respondents, 23 percent of families said the next-gen was actively involved in philanthropy, the third most common role behind the strategy and planning (44 percent) and finance (36 percent) business functions respectiv...


Continue reading this article...


Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@eprivateclient.com


About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM

Subscribers

eprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.

Read more