Westpac loses high court appeal over superannuation sales case
Decision provides ‘clear guidance’ on selling products ‘through direct approaches to retail clients’
Asia
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IIFL Asset Management appoints chief executive
He previously held senior roles at L&T Financial Services and EFG Wealth Management India
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India budget fails to impress non-residents
120-day stay threshold not addressed which puts NRI status at risk for some
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Franklin Templeton partners with Thai robo-adviser
Asset manager will provide customised portfolios for the retail market
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AIA reportedly bids for Bank of East Asia life unit
Deal valued at around $500m
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Criminal complaint filed against Devere & Partners in Thailand
The firm’s managing director and another company he runs
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Singapore bank to double financial planner headcount in 2021
As it partners with solutions provider Manulife to create insurance consultant role
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Fintech group under investigation in Singapore
Regulator and police force jointly looking into possible regulatory breaches
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Chinese wealth manager begins international expansion
Following acquisition of a Hong Kong-based firm
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Indian life insurers must offer annuity product
It will have ‘simple features and standard conditions’ to ‘reduce mis-selling and potential disputes’
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Best Overall Adviser Firm 2020 revealed
Which firm took top honours in the International Adviser Best Practice Adviser Awards?
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T Rowe Price forms Hong Kong distribution partnership
It will be able to offer and sell retail funds via Standard Chartered Bank