While financial security is regarded as a cornerstone for legacy planning across the region, more than half of the respondents to a survey by Sun Life Asia feared their wealth will not last beyond their children's generation, thus underscoring an urgent need for structured planning and financial literacy.
Technology plays a critical role in service delivery and experiences for high-net-worth (HNW) clients, HSBC Life Singapore CEO Harpreet Bindra has said.
Many young professionals under the age of 35 in South Africa prioritise investment savings over buying insurance, according to recent research by Liberty, a financial services provider in the Standard Bank Group. This leaves them vulnerable to adverse serious life events.
Chinese regulators have unveiled a pilot programme in the Hainan Free Trade Port allowing overseas investors to access a range of onshore asset management products, including those from insurance asset managers, in a bid to expand cross-border investment channels and deepen financial market opening.
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.