AIA joins financial advisory bandwagon to drive growth
Move to strengthen its distribution network comes amid intense competition in industry
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Singapore
INSURER AIA Singapore has joined the likes of some competitors to set up a financial advisory firm to expand its distribution channels following its struggle in recent quarters to drive growth amid intense rivalry.
AIA Financial Advisers (AIA FA), a wholly owned subsidiary of the insurer, will begin operations in October and is meant to "strengthen its distribution network".
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