Singapore
BNY Mellon abandons Asian platform
American asset manager, BNY Mellon, has decided to shut down its platform for high net worth individuals in Singapore and Hong Kong after just 16 months.
Singapore adviser ring accused of pressuring rival out of market
Ten Singapore-based advisory firms have been issued a proposed infringement decision (PID) over claims they jointly pressured a fellow adviser to withdraw an offer for a 50% commission rebate on life insurance products.
FPI brand will live on after Aviva merger
Friends Provident International, a major player in the Asia and the Middle East markets, will emerge from its takeover by UK insurance giant Aviva largely unscathed, according to Chris Wei, Aviva’s Asia chairman.
Ex-director extradited to UK after £3.5m fraud
A former UK company director who produced false documents designed to deceive creditors into financing his firm is facing extradition and a prison sentence after he fled to South Africa.
Manulife Singapore launches new investment-linked plan
Manulife Singapore has launched a regular premium investment-linked plan designed to help clients grow their wealth by investing 100% of the premium right from the beginning.