Asia
aviva finalises agreement to sell stake in
Aviva has reached an agreement to sell its 49% stake in Malaysian joint venture, CIMB Aviva Assurance and CIMB Aviva Takaful, to Canadian insurer Sun Life Assurance for £152m.
fair review panel decides against commission
A complete ban on advisers receiving commissions in exchange for recommending investment products was not included among the recommendations published today by Singapore’s Financial Advisory Industry Review Panel.
singapore paper reports fair review
The much-anticipated recommendations of a panel set up to review the way investment products and advice are delivered to Singapore’s residents have been published, the Straits Times is reporting.
sun Life and khazanah nasional in final talks
Sun Life and Khazanah Nasional are in final talks to buy the Malaysian joint venture of CIMB Group and Aviva, according to local media reports.
aviva bid for singapores pias
Aviva’s deal to acquire around 81% of the holding company which owns Singapore’s Professional Investment Advisory Services Pty is still on, in spite of being at least two months late in its scheduled completion, according to the managing director of the Australian company selling PIAS.