The Financial Services Council's (FSC) latest Financial Resilience Index tracker indicates that the outcomes of some economic decisions made since the start of the COVID-19 pandemic are really biting across New Zealand.
The National Financial Regulatory Administration (NFRA) has issued guidelines on high-quality development in the financial sector, focusing on five areas: FinTech, green finance, inclusive finance, pension finance, and digital finance.
China Life Insurance Group has launched a CNY10bn ($1.39bn) fund to target investments in the silver economy, a move which is in line with national government policy.
Nippon Life Insurance Company (Nippon Life), the biggest life insurance company in Japan, has announced that it has reached an agreement with Corebridge Financial and its parent company American International Group (AIG) to acquire a 20% equity interest in Corebridge.
The Actuaries Institute says that it welcomes the cost-of-living relief and equity measures announced in the Federal Budget which was announced on 14 May.
Super Consumers Australia, an independent superannuation consumer advocacy organisation, urges financial advisers and superannuation funds to urgently lift their game to protect Australians' retirement savings from dodgy advice.
In investing for retirement, instruments that offer a regular income after retirement are the most popular among Indians who are investing for retirement, according to the findings of an ICICI Prudential Life Insurance study.
Africa stands at a key moment for developing funded retirement systems as its population sees explosive growth, according to Mr Tidjane Thiam, former group CEO of Prudential plc, and currently chairman of Freedom Acquisition Corporation and president of the Ivorian political party PDCI-RDA.
Indians have a realistic approach towards retirement in that while they view retirement positively, they do have a few anxieties about retirement as well, according to an ICICI Prudential Life Insurance study, titled "Is India Prepared for Retirement?".
Economies in developing Asia and the Pacific have an opportunity to reap a "silver dividend" in the form of additional productivity from older people, which could boost gross domestic product in the region by 0.9% on average.