Manulife Singapore has introduced Manulife Pro, its first-ever comprehensive premier recognition programme, which provides the top-performing financial consultants from Manulife (Singapore) and Manulife Financial Advisers with differentiated and dedicated resources and tools.
FWD Group Holdings (FWD) is expanding its financial literacy programme, JA SparktheDream, to span seven markets in Asia as part of its 10th anniversary year community initiatives. Developed in partnership with Junior Achievement Asia Pacific (JA), the programme integrates financial, social and life skills education for students to help boost financial literacy in the region.
Prudential Singapore has launched its financial advisory arm, Prudential Financial Advisers (PFA), which will offer a wider range of insurance products, including general insurance and wealth solutions. This is in addition to Prudential's core solutions in whole and term life, health, savings, retirement and group insurance.
The Financial Services Managers Association (FSMA) has unveiled elected members of its management committee for 2023/2024.
Leading homegrown financial services company Singlife has launched Singapore's first as-charged cancer coverage plan, Singlife Cancer Cover Plus. This product offers insurance coverage on top of Medisave-approved plans.
AGBA Group Holding (AGBA) has announced that it has entered into a sale and purchase agreement to acquire Sony Life Financial Advisers Pte Ltd (SLFA), a financial adviser and insurance broker in Singapore. AGBA is a leading one-stop financial supermarket headquartered in Hong Kong.
HSBC has announced the completion of the legal integration of AXA Singapore and HSBC Insurance (Singapore) via a scheme of transfer. This also marks the start of insurance operations as a combined business under HSBC Life (Singapore) Pte Ltd.
Prudential Singapore has been given the nod by regulator the Monetary Authority of Singapore (MAS) to set up a new financial advisory (FA) firm, promising a wider range of products and services to its customers.
Though online purchases of life insurance products have jumped to account for 40.7% of all new policies taken up in the first nine months of 2022, agents still account for the bulk of high-premium policies.
Singaporeans will now be able to digitally access and aggregate information on their life, accident and health insurance policies held across different participating insurers, said Deputy Prime Minister Lawrence Wong in his opening address at the recent Singapore Fintech Festival.
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