Asia shows a divided picture when it comes to legacy planning, according to the findings of a survey published by HSBC Life.
Great Eastern is intensifying its focus on high-net-worth (HNW) individuals and families across Asia. Towards this goal, Great Eastern unveiled on 3 March a proposition called Great Eastern Private, created for the high-net-worth (HNW) population across Asia.
Hong Kong women play a dominant role in household financial decision-making, with nearly half (45%) of respondents saying they control long-term family investments, according to the findings of a survey released by life insurer Sun Life. This proportion is the highest among the Asian markets surveyed.
MAPFRE has appointed Mr Jorge Colomer as CEO of its asset management firm, MAPFRE AM. He will take the helm of the management firm at a pivotal moment, as MAPFRE is stepping up its strategic focus on the financial business by expanding its presence in investment, savings and wealth management solutions.
The Ministry of Finance recently approved an increase in the charter capital to VND18,909bn ($775m) of Sun Life Vietnam Insurance Company, part of the Canadian financial services group.
Fully integrated insurance, trust, and family office consortium, Lioner International Group, has appointed Mr Brian Kenyon as its second Group Strategic Advisor. He comes out of retirement to take the role.
Great Eastern has launched Great Eastern Private, a segment proposition created for high-net-worth (HNW) individuals and families across Asia.
Zurich Financial Services Australia will acquire ClearView Wealth (ClearView) through a scheme of arrangement.