Asia
Hong Kong to set new broker caps on the number of insurers
Aim is to limit the number of insurers that can be represented by a licenced agent or agency
CBA to sell global asset management business
Australian bank also hires CEO and CFO for its wealth management and mortgage broking operation
Goldman Sachs AM to open seven Hong Kong funds
Firm enters HK retail market with fundamental, quantitative equities and fixed income offerings
Asia region funds passport finally set to launch
Passport will combine the fund markets of five Asia-Pacific countries to bolster cross-border vehicles
58 million Indians living without a pension
Only a quarter of the 80 million people who are eligible claim just over £2 a month