Asia
Half of Hong Kongers and Singaporeans have no financial plan
More education ‘is required to address this wealth imbalance and ensure that no one gets left behind’
Landmark sale means Allianz first to 100% own China life firm
Rule change in early 2021 opened up the market to foreign insurers
Praemium International sale edges closer
Deal has ‘entered the next, and hopefully, final phase’
AMP agrees ‘A$40-45m’ redress deal with Aussie regulator
Firm commits to court enforceable undertaking to fix governance and risk management deficiencies
PEOPLE MOVES: Quilter, Deutsche Bank WM, BMO
Investment firm CIO to retire, as banking giant names vice chairman for APAC wealth management