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Establishing FOs in haste can result in misaligned expectations: Lombard Odier

Given developments in Singapore’s tax incentive scheme, wealthy families in the city-state have rushed to establish family offices, potentially leading to miscommunication and misaligned expectations, according to Lombard Odier’s APAC head of family services. The original deadline for Singapore’s tax incentive scheme for funds and fund managers was set for 31 March, contributing to the proliferation of family office setups…

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