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Financial advisers are anticipating the transfer of an estimated $3.5 trillion between generations by 2030 to spur more interest in family offices.
A Fidelity International report shows that although most Australians feel obligated to share their wealth with future generations, a mere one in 10 have prepared a comprehensive estate plan.
Seeking to help their loved ones achieve greater financial security through an inheritance, Australians are increasingly looking to advisers for estate planning and engaging the next generation, according to research.
Winner of the Global Emerging Markets Equity category at the Fund Manager of the Year Awards, Fidelity has shared its views on investing in Asia and the impact as China re-opens from lockdown.
A 'monstrosity' house extension in York was approved without neighbours' objections - after the city council forgot to mention trees shielding its view from them would be felled.