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Marital and pre-IPO trust planning gains traction among HNWIs: UBS’s Lum Wai Soon

HNWIs’ demand for marital and pre-IPO trust planning is increasing in China, driven respectively by rising divorce rates and a surging demand of Chinese corporates seeking a secondary listing, Lum Wai Soon, head of global wealth planning Hong Kong, UBS Wealth Management told Asian Private Banker. Along with the constant changes in the regulatory environment, the wealth planning needs of…

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