Asia
singapore insurer fined for giving
A large general insurer in Singapore has been fined by the local regulatory authority for allowing unqualified staff to sell insurance products to the public.
mpf changes act as rdr dry run
In preparation for the ‘Employee Choice Arrangement’, a new initiative in Hong Kong under which clients will be permitted to move their Mandatory Provident Fund (MPF) assets to a new pension provider, financial advisers are drawing up fee structures in what could be interpreted as a “dry run” for an RDR-type environment.
scams rife in hong kong scmp reports
Financial scams are on the rise in Hong Kong, the South China Morning Post is reporting, in a story which quotes deVere chief executive Nigel Green on what he calls “hard to fathom carbon credits” being sold “to vulnerable consumers”.
capital platforms links with royal london
Capital Platforms, the Singapore-based international platform provider recently launched by the original founders of Boston Direct Management, has formed a “working alliance” with Royal London 360°.
Brooklands opens office in KL Malaysia
Brooklands Pensions, the UK- and Dubai-based pensions administrator, has opened a representative office in Kuala Lumpur, Malaysia, as it looks to expand its presence in Southeast Asia.