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Digital banking trends to watch

When it comes to the digital experience, consumers expect more from their financial services than ever before. For the most part, banking has been a people-led business, occupying brick-and-mortar cornerstones of our high streets. However, the Covid-19 pandemic has accelerated the adoption of digital banking services, namely due to less accessible physical banking channels and

Top 3 banking innovations for 2022

Banking is often seen as a traditional industry. After all, it’s been around since the first known form of currency emerged. But banking has always innovated, and the current pace of change is at another level. The financial services industry is committed to digital innovation, redefining how banks operate and the services they offer to

Passing wealth onto the next generation

Wealth is increasingly becoming an intergenerational issue, and the question of how and when to pass on wealth to younger generations is becoming increasingly pressing.  “It’s not always easy for our clients to discuss gifting wealth and inheritance with their family members, but passing on wealth earlier in life, and in smaller amounts could be

WORKING FROM HOME: WHAT DOES IT MEAN FOR YOUR TAXES?

Businesses around the world are seeing the substantial benefits of remote working post-Covid-19. With more flexible work policies in place, and workers considering this new normal, the standard 9-to-5 workday is fast becoming a thing of the past.   A common concern amongst millions of people, however, is what, if any, concessions employees can claim

WHY SWITZERLAND IS STILL THE WORLD’S LARGEST HUB FOR WEALTH MANAGEMENT

Famed for its political neutrality, Switzerland is the world’s largest wealth management centre for international assets, according to Deloitte Wealth Management Centre Ranking. The ranking analysed global wealth management centres by size, performance, and competitiveness, placing Switzerland ahead of many thriving wealth management hubs, including the UK, USA, and Singapore.  So, what makes Switzerland the

SINGAPORE AS AN OFFSHORE WEALTH MANAGEMENT HUB

Singapore is one of the world’s leading offshore wealth management hubs, with the fastest-growing population of high-net-worth individuals who are further strengthening the city-states wealth. The Singaporean government has done much to boost brand ‘Singapore’, cementing its world-renowned reputation and offering tax-incentive schemes to families and businesses from across the globe. The city-state also offers

Turner Little and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.