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News
Can NRI nominees claim financial assets of deceased investors in India? Here's all you need to know
2+ day, 2+ hour ago (696+ words) When an Indian resident holding mutual funds, shares or other financial assets passes away, their nominees act as a custodians of those assets until they are transferred to the legal heirs or the investor's family. In some cases, where the…...
Offshore Trust Back Tax Collection Wave Spreads to Enterprises Including Haidilao
4+ day, 7+ hour ago (1166+ words) On September 9, a thought-provoking scene unfolded in the Hong Kong stock market. Haidilao's share price faced massive sell-offs during the opening call auction, hitting an intraday low of HK$10, down 12.13% from the previous trading day's closing price of HK$11.38. By…...
Super apportionment rationale more important as trustee scrutiny intensifies - IFA
4+ day, 14+ hour ago (493+ words) ASIC is looking closely at super trustees in the wake of Shield and First Guardian which means advisers should expect greater scrutiny when it comes to clients paying for advice out of their super, according to Joel Ronchi, chief executive…...
Succession: Rupert???s son, Anton, appointed Richemont co-deputy chair
4+ day, 22+ hour ago (372+ words) Richemont has appointed Anton Rupert, the 39-year-old son of chairperson Johann Rupert, as the non-executive co-deputy chairperson of the company as part of the board’s long-term succession planning. Richemont, which Johann founded in 1988, is a Switzerland-based luxury goods holding company…...
Probate No Longer Mandatory To Claim Rights Under Will After Omission Of S.213 Indian Succession Act: J&K&L High Court
5+ day, 12+ hour ago (480+ words) 9 Sept 2026 11:00 AM IST The Jammu & Kashmir and Ladakh High Court has held that after Section 213 of the Indian Succession Act, 1925, was omitted by Act No. 39 of 2025, obtaining probate is no longer mandatory before claiming rights under a Will. The High…...
Offshore Trusts After China's Tax Reset: Richard Grasby on the New Rules for Cross-Border Wealth
5+ day, 14+ hour ago (1334+ words) Offshore Law Meets a Mainland Tax Reset For Grasby's Hong Kong team, that breadth usually comes back to two jurisdictions. "We are a full-service offshore law firm, and we advise on eight jurisdictions - which allows us to support clients whose…...
Savills strengthens GCC residential investment platform with senior appointment
6+ day, 1+ hour ago (260+ words) Savills has strengthened its international residential investment platform with the appointment of Greg Stockton as International Head of UK Investment Sales and Distribution, based in Dubai. Stockton brings more than 20 years of international experience across real estate, wealth management and…...
REG - Odyssean Inv. Trust - Issue of Equity
1+ week, 2+ hour ago (176+ words) Issue of Ordinary Shares On 7 September 2026 Odyssean Investment Trust plc (the "Company") issued 150,000 new ordinary shares of 1p each at a price of 233.00 pence per share from its blocklisting, pursuant to the Company's premium management strategy. These shares rank pari passu…...
India's wealth-management race is splitting into distinct segments
1+ week, 9+ hour ago (1627+ words) India's wealth-management industry is rapidly evolving as new boutique technology-led wealth management firms and brokers with massive scale are upending the existing order. To be sure, everyone is no longer chasing the same customer. Banks, fintech platforms, boutique wealth-tech firms…...
One Balance Sheet: How India's Business Families Are Managing Wealth, Treasury and Succession Together
1+ week, 11+ hour ago (182+ words) More videos from Sachin Jain, Prime Trigen Wealth Sep 7, 2026 Sachin Jain of Prime Trigen Wealth Open Architecture, Protection Gaps and the Future of Distribution: Akhil Doegar on Singlife Sep 3, 2026 Akhil Doegar of Singlife From Product to Outcome: Priyanshu Gaurav on…...