Standard Life to provide unit-linked in Singapore
Standard Life is about to launch a business providing wrappers via financial advisers and banks, with a view towards business beyond the Lion City.
Edinburgh-based insurer Standard Life is launching a business in Singapore to manufacture and sell investment-linked products through local independent financial advisers and banks.
Neal Armstrong recently joined the firm to serve as Singapore CEO. Standard Life has been granted a licence by the Monetary Authority of Singapore to engage in ‘defined market segment’ business in insurance.
Such business is not allowed to handle money taken from Central Provident Fund accounts, and …
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