Asia
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.
asian and indian clients catered for
Standard Life, which last year formally opened an office in Singapore in preparation for marketing investment products there, today unveiled a suite of three basic products that it plans to market specifically to affluent Asian and Indian clients as well as to the more traditional, English-speaking expatriate sector.