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Old Mutual is reportedly pulling out of China after putting its stake in a joint venture with a local life insurer up for sale.
Hong Kong has agreed to an automatic exchange of information with South Africa and Portugal amid mounting pressure from the OECD and the European Union.
An initiative designed to provide professional training and employment opportunities for young people interested in careers in private wealth management has been launched in Hong Kong.
Five Singaporeans, including two people in their 70s, who invested in a company offering attractive returns on real estate investments in the US and Canada, have reported the company to the police.
Harvest Global Investments (HGI), the international arm China’s Harvest Fund Management, has launched its first Ucits-compliant sub-fund, Harvest China Evolution Equity Fund.
Ousted Praemium chief executive Michael Ohanessian’s "aggressive" relationship with the board and his unwillingness to “make necessary changes in his behaviour” are why shareholders should vote against his reinstatement, chairman Greg Camm has said.
An Australian court has ruled against advisory firm NSG over its commission-style pay packages, which encouraged financial advisers to sell products rather than provide the best advice to clients.
HSBC Insurance (Singapore), the life insurance arm of the banking giant, is officially a Tier 1 insurer under rules set out by financial services regulator.
Life insurers in Singapore can now offer life policies online that can be sold without financial advice, according to new guidelines released by the Monetary Authority of Singapore (MAS).
Lack of robust data and reporting standards hinders ESG implementation, according to Lou Maiuri, executive vice president at State Street.
James Sutton and David Pugh left the UK in search of fresh challenges in Asia. They discovered a marked difference in the quality of financial advice being offered there and set about ensuring The Fry Group raised the standard.
Index provider MSCI has outlined new proposals designed to overcome issues preventing it from adding the shares of mainland Chinese companies to several key equity indexes, which should effectively allow a limited number of stocks to be included.
Asia has traditionally been the principal market outside the UK for international life business but growth in sales from the two key regional hubs of Hong Kong and Singapore has come to a halt, says Provisca founder Bryan Low.
With the clock now ticking on the UK’s departure from the European Union, some people are rethinking their living and employment situation. Click through the slides below to find the best and worst expat destinations, according to research firm InterNations.
Standard Life has agreed to sell its wholly-owned Hong Kong life operation to its Chinese joint venture company Heng An Standard Life Insurance Company (HASL), underlining its move towards an investment-led business focus.
India's largest lender, the State Bank of India (SBI), has announced that it is looking to sell a 10% stake in a life insurance joint venture with SBI Life, as it prepares to launch an initial public offering (IPO).
Life insurance and annuity business in Hong Kong increased by 49% in 2016 to HK$179.1bn (£18.4bn, $23bn, €21.3bn), latest figures released by the Office of the Commissioner of Insurance (OCI) show.
A new mandatory provident scheme and stronger disclosure rules will impact asset and wealth managers, according to Kittikun Tanaratpattanakit, senior research analyst at Morningstar Thailand.
The financial industry continues to be “plagued by egregious misconduct” and requires signficant reform, the Monetary Authority of Singapore’s managing director has said.
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