recently, there was an article with the same captioned headlines which was reported in the international adviser* by ms helen burggraf, deputy editor of the publication.
the artilce said that Ipac chief executive Rainbow Pan declined to confirm that Ipac was on the block, saying it was company policy not to comment on “speculation [and] rumours”.
Ipac specialises in providing high-end, fee-based advice to wealthy expatriates as well as to a growing number of local residents in all its jurisdictions but the firm has never produced a profit for Axa since it was acquired in 2002 for A$250m.
*International Adviser
International Adviser provides up to the minute news, tools and professional resources for Independent Financial Advisers in the UK, Europe, Middle East and Asia Pacific regions.
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