Nearly four in 10 respondents in Asia-Pacific do not have succession planning despite their desire for wealth preservation, with the Philippines among the least prepared markets.

Nearly four in 10 respondents in Asia-Pacific do not have succession planning despite their desire for wealth preservation, with the Philippines among the least prepared markets.

Asia's wealthy families want to preserve their fortunes across generations, but many still lack basic succession plans, according to a new Lombard Odier survey.