China and India experienced declines of 49 percent and 21 percent respectively, while gains were recorded in Japan (33 percent), Sweden (40 percent) and Germany (27 percent).
A study by Bloomberg has found that Malaysian asset managers are more bullish about the value of responsible investing than their counterparts in Singapore, and have a more mature understanding of its worth. How so?
In Hong Kong, 78% of respondents prefer interacting with their retail banks on digital channels, while only 39% of life insurance consumers prefer digital channels.
What emerges from this year’s World Wealth Report, published on July 9, is clearly the picture of a fertile ground for an accelerated innovation process, that requires two other dimensions to be disrupted: Strategy and Management Culture.
"Unsuccessful candidates are able to resit the exam and these advisers will receive guidance on which knowledge areas they need to improve to enhance their ability to pass at a future sitting," he said.
Several rival insurers have signalled interest in the business, though some potential bidders would only want to acquire parts of the division, the people said. A representative for Aviva declined to comment.