Transamerica Life Bermuda (TLB) has announced that Mr Jeremy Young is appointed as its global Head of Sales & Distribution, and Mr Benjamin Chua, Head of Finance for its Singapore Branch Office, has received regulatory approval from the Monetary Authority of Singapore (MAS) to assume the additional role of Chief Executive for TLB in Singapore.
Manulife Vietnam and Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) have signed an agreement to establish an exclusive 16-year bancassurance partnership to better serve the growing financial and insurance needs of the Vietnamese people.
AIA, AYA SOMPO and AYA Bank have entered into a strategic partnership to enable broader access to innovative insurance products and services for the people of Myanmar.
Manulife Hong Kong announces the launch of ManuGrand Saver 2 (MGS 2) and ManuImperial Saver 2 (MIS 2), two new enhanced savings plans that are built on their predecessors launched last year. The plans offer a feature to help customers better manage periods of financial uncertainty and allow for greater flexibility in legacy planning through a contingent life insured option.
Prudential Singapore is stepping up its recruitment of mid-career individuals and fresh graduates amid the economic slowdown triggered by the COVID-19 pandemic.
A recent supporting parents survey conducted by HSBC found that familial ties remain strong in Singapore with the majority financially supporting their elderly parents. However despite getting financial support from their children, the elderly still experience some degree of financial difficulties. They are also less tech-savvy when it comes to managing their finances and many do not have a professional inheritance plan in place.
Being financially resilient is key to prepare for a more secure future. Zurich Takaful has introduced Takaful ProInvest, an investment-linked plan that is designed to optimise savings and investments, to help Malaysians plan for a better future and a comfortable retirement.
In a market downturn, 60% of Singaporeans would divest equities within a week, with over half (32%) divesting within 24 hours - despite historical data showing this usually leads to lost gains for retail investors in the long term, according to a new report launched by St James's Place Wealth Management Asia (SJP Asia).
Experts shared their insights on issues faced by modern Asian families grappling with the multi-faceted aspects of legacy and succession planning at the two-day Estate Planning and Wealth Succession Asia Forum 2020 organised by Precepts Academy. Asia Advisers Network brings you the highlights as official media partner.
Allianz Life Insurance Malaysia Berhad (Allianz Life) is partnering with RHB Trustees Berhad to provide its customers with trustee services to help manage and protect their legacy for their family.
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