Hong Kong reverse mortgage product to support retirement
It will use a life policy as ‘collateral to draw down loans’
Asia
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PEOPLE MOVES: Strabens Hall, PineBridge Investments, Quilter
Offshore focus for Strabens, while Pinebridge hires CEO for Irish business
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Chinese family office obtains Hong Kong licences
Popularity has risen with families based in the People’s Republic for the offering
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Future of advice in Asia
Hong Kong, Singapore and Malaysia are key centres – but what about the rest of the region?
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Pictet WM eyes Indonesian and Chinese clients
Firm said its pure discretionary business in Asia is higher than the average in the region
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Wealth managers must ‘evaluate’ offering as clients jump ship
Survey by EY finds 66% of advice customers would have changed provider in six years
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Schroders develops wealth tool for US bank’s global clients
Combines science of behavioural finance and investment education to improve choices for high net worths
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Aussies lost A$500m to scams in one year
Investment fraud alone netted criminals 34% more in 2018
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Change of leadership at AAM Advisory
Singapore-based advice firm was acquired by Old Mutual in 2016
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Hong Kong regulator rejects insurance licence changes
It had concerns over control and compliance
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Case Study: How to move to Singapore
AAM Advisory’s Ian Black outlines the key questions to consider before moving to the Lion City
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Australian insurance firm targets young professional market
The newly-unveiled life insurance solution will be offered through the company’s advisers