Singapore
Singapore insurers can now sell advice-free life policies online
Life insurers in Singapore can now offer life policies online that can be sold without financial advice, according to new guidelines released by the Monetary Authority of Singapore (MAS).
From shock to success: building The Fry Group’s reputation
James Sutton and David Pugh left the UK in search of fresh challenges in Asia. They discovered a marked difference in the quality of financial advice being offered there and set about ensuring The Fry Group raised the standard.
UAE could face a ‘Hong Kong-style’ life sales slump
Asia has traditionally been the principal market outside the UK for international life business but growth in sales from the two key regional hubs of Hong Kong and Singapore has come to a halt, says Provisca founder Bryan Low.
Luxembourg in ‘breakthrough’ tax treaty talks with Australia
Luxembourg is in talks with Australia to sign a double tax agreement (DTA) following efforts by the Grand Duchy to clean up its controversial tax regime, finance minister Pierre Gramegna has said.
Singapore regulator calls for end to ‘plague of misconduct’
The financial industry continues to be “plagued by egregious misconduct” and requires signficant reform, the Monetary Authority of Singapore’s managing director has said.