STEP Singapore hosted the 9th Annual ‘Lo Hei’ Lunch on Thursday 6th February exclusively sponsored by Touchstone and Microgen Financial Systems, to celebrate the beginning of the Chinese New Year, the year of the rat.

After a warm welcome by Branch Chair Ms Sim Bock Eng, members and guests were treated to a traditional 9-course ‘Lo Hei’ Lunch amongst the festivity and camaraderie in a key fixture of the STEP Singapore’s annual events calendar. It was a wonderful, well-attended event once again, giving members and guests the opportunity to relax and network in a more informal setting at the commencement of what appears to be another momentous year in the Trust and Wealth Management industry.

 

We wish all STEP members and industry colleagues a prosperous new year.

Click HERE to view event photos.

Contributed by: 

Touchstone and Microgen Financial Systems, leading providers provide powerful accounting and administration systems for the Trust, Fiduciary, Corporate Services and Funds industry supporting over 450 clients in over 30 jurisdictions worldwide.

A deliberately small group of STEP members in senior management gathered on 18 Jan 2019 to glean insights on the future of jobs in finance from former GIC veteran Choy Siew Kai. Lecturing at Stanford University on the same subject and based on consulting research with cutting-edge financial institutions, SK shared with us his frank views on the local impact of global trends in the deployment of AI in portfolio management by the most sophisticated investors, including demanding family offices.

In essence, AI models and analytical tools can augment but not replace our role as trusted advisors in guiding wealth owning families grow and protect their assets across generations. The future of jobs in finance remains “High Tech, High Trust, High Touch” - which augurs very well for us in the trust and wealth structuring industry.

Click HERE to view event photos.

Contributed by: 

Ms. Chan Ee Lin

Director, Tax & Legal, Family Enterprise Consulting, Deloitte Private

 

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