Asia
MAS calls for clarity over charges for investment-linked policies
The Monetary Authority of Singapore has proposed that insurers standardise the way fees and charges for investment-linked policies (ILPs) are presented to make it clear to customers what they are buying.
Capstone Financial launches in-house DFM service
Hong Kong-based advisory firm, the Capstone Financial Group, has unveiled its own discretionary fund management (DFM) service to help centralise client accounts and steer the business towards a fully fee-based structure.
ETFs to become core portfolio holdings in Asia
Distributors in Asia-Pacific are likely to use exchange-traded funds and other index-tracking products as core holdings when building model portfolios, according to Cerulli Associates.
Standard Life pulls out of Singapore
Standard Life is to close its insurance operation in Singapore and will stop accepting new business with immediate effect.
Passive funds to grow in popularity across Asia Pacific region says report
Passive funds are set to be increasingly used as core holdings for client portfolios in the Asia-Pacific region, according to a report by global analytics firm Cerulli.