Aviva Singapore to set up new financial advisory firm
BT understands the firm's business model could be similar to Great Eastern's or Manulife's, or a combination of both
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
BRITISH insurer Aviva Singapore is in the midst of setting up a financial advisory (FA) firm in a move to strengthen its key distribution channel in a highly-competitive industry.
While market sources told The Business Times that details are unavailable, they said Aviva has applied to the regulator for a licence to set up a wholly-owned FA firm. BT understands that the insurer has received in-principle approval.
Copyright SPH Media. All rights reserved.