wealth transfer

Latest news and articles about wealth transfer from NEX English

Survey Reveals 40% of Asian Wealthy Lack Wealth Transfer Plans

A recent survey conducted by a private bank in Geneva found that <strong>40%</strong> of wealthy Asians from the baby boomer generation do not have clear plans for transferring their wealth to future generations. This lack of communication threatens the sustainability of their fortunes over time.

Surge in Demand for Estate Planning Amid Global Risks

The head of insurance at HSBC Group revealed a significant increase in demand for estate planning and wealth transfer solutions, as clients seek to mitigate risks amid rising global uncertainty. This trend reflects a broader shift in consumer behavior towards safeguarding assets.