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    <title>Succession planning for UHNW families - South China Morning Post</title>
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      <description>As Asian economies continue their upward trajectory, the needs of high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals for effective intergenerational wealth transfer are also growing.
According to a recent report by the consulting firm McKinsey, an estimated US$5.8 trillion is expected to be transferred to the next generations in the Asia-Pacific region by 2030. However, the 2024 HSBC Global Entrepreneurial Wealth Report reveals that 66 per cent of respondents from Hong Kong do not...</description>
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      <pubDate>Wed, 22 Jan 2025 03:00:05 +0000</pubDate>
      <title>For nearly 80 years, HSBC Trustee has been helping families preserve wealth and legacy</title>
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