Sun Life takes low tech, highbrow strategy in Asia
The Canadian insurer''s strength is at the industry''s sophisticated end, so what is it doing in Asia''s emerging markets? Douglas Henck, executive VP, explains.
Douglas Henck, executive vice president of Asian operations at Sun Life Financial, spoke with FinanceAsia about pension reform and the life insurance industry in Asia. FinanceAsia: Many Asian governments are using the American 401(k) model to reform pension systems, but the end result rarely looks like 401(k). What kind of models should they be looking at?Douglas Henck: I'm still struck by what Chile did in 1981 when I arrived there with Aetna. Then, 100% of pension fund assets were i…
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