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Family Business

February 24, 2017

Mental health has been called the biggest unaddressed health challenge of our age, and those most at risk often sit at the two extremes of the socioeconomic spectrum. Michael Finnigan investigates 

Mental health has been called the biggest unaddressed health challenge of our age, and those most at risk often sit at the two extremes of the socioeconomic spectrum. Michael Finnigan investigates 

February 22, 2017

British family firms say they are determined to fight their corner in the face of Brexit but their survival is at risk as they fall behind global rivals in diversification, digital strategy and succession planning, according to a new PwC study.

British family firms say they are determined to fight their corner in the face of Brexit but their survival is at risk as they fall behind global rivals in diversification, digital strategy and succession planning, according to a new PwC study.

February 20, 2017

British family business leaders are being encouraged by a UK private client law firm to consider the benefits of business property relief in succession planning and as the Inheritance Tax net widens.

British family business leaders are being encouraged by a UK private client law firm to consider the benefits of business property relief in succession planning and as the Inheritance Tax net widens.

Wilsons, based in London and Salisbury, warned the number of UK estates liable for Inheritance Tax was forecast to rise by 15% to 30,000 in the tax year ending 5 April, 2017, up from 26,000 estates in 2015/16.

February 16, 2017

Samsung heir arrested in corruption scandal; Hanjin Shipping sunk by South Korean court; and Cargill to invest further $300 million in Egypt

Samsung heir arrested in corruption scandal

February 15, 2017

American billionaire Mike Ilitch, who went from minor league baseball player to founder of a sprawling family business, Ilitch Holdings, has died at the age of 87. 

American billionaire Mike Ilitch, who went from minor league baseball player to founder of a sprawling family business, Ilitch Holdings, has died at the age of 87.

The Detroit-born businessman was known as an All-City athlete in baseball and track, the founder of Little Caesars—now the third-largest pizza chain in the US with 2015 sales of $3.5 billion—and a patron of the city in which he was born.

February 15, 2017

While most family business owners have a desire to see their business sustained through the generations, only a few capture the memories in portraiture. Michael Finnigan talks to one next-gen looking to bring back the tradition

While most family business owners have a desire to see their business sustained through the generations, only a few capture the memories in portraiture. Michael Finnigan talks to one next-gen looking to bring back the tradition

February 14, 2017

Research suggests that blended families are on the rise, adding an additional layer of family dynamics to the existing complexities that business families are dealing with. 

Research suggests that blended families are on the rise, adding an additional layer of family dynamics to the existing complexities that business families are dealing with. During the inauguration of the new United States president in Washington DC, the very blended nature of the First Family was hard to miss. But is it really a new phenomenon and how does it influence family conflict?

February 10, 2017

A new award named in honour of an Institute for Private Investors member aims to be for young philanthropists what the Nobel Prize was for Mother Theresa.

A new award named in honour of an Institute for Private Investors member aims to be for young philanthropists what the Nobel Prize was for Mother Theresa.

The Dennis M Jones Family Foundation and the institute have launched the inaugural Jones Prize in Philanthropy. The prize of a $25,000 grant will be given to a charity that has been aided by the efforts of an individual, under the age of 40, who has demonstrated exceptional work in philanthropy.

February 9, 2017

Third-generation Saputo to succeed founding father; Slim and Servitje subsidiaries to launch ‘made-in-Mexico’ e-cars; Tata removes Mistry, set to install Chandrasekaran 

Third-generation Saputo to succeed founding father
Lino Saputo Jr is to succeed his father, Emanuele (Lino), as chairman of his family’s eponymously named dairy company - one of the top ten dairy processors in the world.

Currently chief executive and vice chairman, third-generation Saputo Jr will replace the founding chairman from 1 August and also retain his responsibilities as chief executive.

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