Q4, 2024
Contents
16
The Agenda
12 READERS’ LETTERS
Our readers share their views
14 EDITOR’S LETTER
By Edwin Smith
16 DIARY
Restaurateur Sally Clarke on her long-running labour of love
18 PHILANTHROPY
Rugby star Maro Itoje on supporting education and art in Africa
20 THE HEDGEHOG
News from around the HNW universe, including Nammos’s new venture
23 ROBERT AMSTERDAM
The UK’s financial regulators have gone too far, and it is damaging the country
24 ANNAMARIA KOERLING
Why communication is the key to an effective succession plan
26 PAULINA BREN
How the male domination of the New York Stock Exchange was broken up by a few determined women
28 BOOKS
A thorough analysis of the rise and turbulent fall of Credit Suisse
30 LIQUID LUNCH
John Arlidge meets Gediminas Žiemelis, the man the airlines turn to when they can’t meet demand
18
42
36
The Briefing
TAX
36 THE 2024 SPEAR’S
TAX SURVEY Industry experts tell us what they expect in the Budget and beyond, and what it means for their clients
39 DEPARTURE SCROUNGE
Inheritance tax is a hot topic in the UK – but we’re not the only ones wrestling to find the magic formula
41 LEADERS OF THE PACK
What makes private client lawyers a popular choice to lead law firms?
42 FLIGHT RISK
The new government’s tax squeeze has London’s super-rich looking to move on – but where will they go?
45 CASH AND CARRY
The end may be nigh for carried interest, which has been profitable for private equity professionals
