Asia
is commission disclosure a step towards
Financial advisers and life companies have cautiously welcomed a number of enhanced consumer protection measures, including the introduction of commission disclosure, for Investment Linked Assurance Schemes (ILAS) in Hong Kong.
commission disclosure law hits hong kong
Financial advisers selling investment linked insurance products in Hong Kong will have to disclose commission to their clients, under new rules released at the end of April by the Hong Kong Federation of Insurers (HKFI).
court applications filed in lm investment
Proceedings have been filed in Queensland Supreme Court in Australia in connection with one of the funds managed by LM Investment Management, the beleaguered fund management group which filed for voluntary administration in March.
singapore advisers alone in faltering global
Financial advisers in Singapore were the only group of advisers in a recent survey to report a fall in confidence in the global economy during the first quarter of 2013.
ING completes sale of Thai investment business
ING has completed the sale of its Thai investment management business to UOB Asset Management, marking the company’s exit from another Asian country.