News
CFA and Woodford call for removal of “mystery” around fees
The investment profession’s value proposition is not well understood, while there remains a need for improved transparency and disclosures in fees and charges, according to CFA UK.
Wealth management in S.Korea to become a ‘common concept’
Introducing a fee-based only regime for South Korea’s financial advisory sector, as proposed by the country’s regulator, will help wealth management become “a more common concept” for Korean investors, said Young Soo Kim, head of distribution at Schroders Korea.
Generali to expand in Asia by pumping capital into Thailand
Italy’s largest insurer Generali will pump money into its Thai operations as part of plans to expand across Asia, Thai local media has reported.
Allianz unit launches security services for globally mobile
International health and life insurance firm, Allianz Worldwide Care, has launched a security and risk management service for companies with globally-mobile employees and organisations that operate in high-risk areas.
DeVere Group Hong Kong Ltd fined HK$2.5m by regulator
DeVere Group Hong Kong Ltd, which is no longer owned by the deVere Group, has been fined by the Hong Kong insurance regulator after a lengthy investigation into various breaches of its regulations.