Tussle for insurance agents, financial advisers intensifying (Amended)

Singapore

THE simmering war for experienced insurance agents or financial advisers in Singapore could boil over, following mass resignations at Prudential Singapore's agency force.

It is acknowledged in the industry that it is a costly business for an agency or financial advisory (FA) firm to poach agents - especially the star performers - from rival firms; only the most deep-pocketed can do so.