While many New Zealanders feel confident in their financial decisions, there are significant gaps between their financial goals and actual holdings of investment products, according to new research published by the Financial Markets Authority, a government agency responsible for financial regulation.
Middle East and Africa (MEA) registered modest growth in the wealth of high-net-worth individuals (HNWI) in 2024, gaining 0.9% and 4.7% respectively, according to Capgemini Research Institute's "World Wealth Report 2025 - Sail The Great Wealth Transfer".
Global financial services group Manulife has opened its office in the Dubai International Financial Centre (DIFC), marking a significant expansion of its global high-net-worth (HNW) business.
Prudential has appointed Mr John Cai as regional CEO for Malaysia, Indonesia, Vietnam and agency. Prior to his new role, he worked with AIA and AXA.
A staggering 85% of Malaysians are at risk of a legacy crisis due to the lack of a financial legacy plan, says Sun Life Malaysia's report titled "Insure or Unsure: Sun Life Insurance Literacy Survey 2025".
Howden Private Wealth has appointed Mr Bryan Pee as CEO of Singapore and Malaysia and Ms Shirley Sy as deputy CEO of Hong Kong.
Half of the respondents to a survey by the life insurer 1Life acknowledge that life insurance is a tool for wealth generation, which is a crucial step toward financial security.
Singapore residents are adopting a positive mindset with more than 1 in 2 (54%) indicating that financial readiness in the long run is more important to them in 2025 compared to the previous year, according to findings from the seventh edition of of an "AIA Live Better Study" released yesterday.
More than 50 regulations will be relaxed within two years, as part of a government plan transform Taiwan into Asia's asset management centre, according to the chairman of the Financial Supervisory Commission (FSC), Mr Peng Jin-long.
The Commission for the Organisation and Supervision of Stock Market Operations (Cosob), which monitors the securities market in Algeria, has proposed to public authorities to explore the possibility of insurance companies serving as intermediaries in the stock market.