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  1. Tourism industry rubs it hands, but fears voiced over park's financial prospects

    Posted Nov 05th 2009, 12:00am by Will Clem

    ... to be built near Pudong Airport in the southeastern outskirts of the city, is expected to provide a major boost to the city's tourism appeal. Industry figures yesterday played down fears ... into an important development zone.' But concerns have been raised about the project's financial prospects, particularly in light of Hong Kong Disneyland's failure to meet attendance ...

  2. Financial planners ready to sum it up

    Posted Jul 18th 2009, 12:00am by John Cremer

    ... in the industry. But it also offered the chance to conduct a thorough financial review for a relatively new client who had indicated she was losing track of her investments. 'The client had already ... John Cremer Earlier this year, when Teresa Lam Wai-ying decided to enter the SCMP/IFPHK Financial Planner Awards 2009, she realised it was a great opportunity to kill two birds with one ...

  3. Growing company seeks upbeat financial advisers

    Posted May 30th 2009, 12:00am by Staff Reporter

    ... Experienced graduates seeking a career in financial consultancy are being offered a golden career opportunity. A major independent financial group with roots in Hong Kong and the mainland is seeking to recruit at least 50 high quality financial consultants this year. Previously an insurance company's in-house agency, in 2001 Altruist transformed itself into an independent ...

  4. New rules broadly welcomed by industry

    Posted Nov 07th 2009, 12:00am by Chris Davis

    ... Chris Davis As the financial planning industry seeks ways to win back the trust of clients whose wealth has been eroded, the sector also faces other challenges. For example, regulators want the banking industry to develop its own standardised method of classifying investment product risk and to formulate a process to assess investors' risk appetites. Banks have also been ...

  5. Industry gets back to basics

    Posted Jul 18th 2009, 12:00am by Chris Davis

    ... every crisis creates opportunity. 'The financial crisis can be seen as having a positive or negative influence on the financial planning industry. But, for those who really want to make a career in the industry, now is a golden opportunity. These are times when committed financial consultants can excel and demonstrate their real value,' Mr Cheung said. Altruist is aiming ...

  6. Insurers open to proposed new industry regulator

    Posted Jul 27th 2009, 12:00am by Enoch Yiu

    ... of agents, Manulife felt the IARB had done an excellent job for the industry for many years. 'So there is no real need for change, but we understand post the financial crisis why regulators may ... Enoch Yiu The proposed creation of a new watchdog with expanded powers to oversee the insurance industry in Hong Kong has won qualified backing from insurers. But analysts warn ...

  7. Insurers' premium income slows amid tighter industry regulations

    Posted May 28th 2009, 12:00am by Staff Reporter

    ... Natalie Chiu Growth in premium income of mainland insurance companies continues to slow, as the industry regulator tightens sales of investment-linked products and demands an overhaul ... cent to 2.2 trillion yuan in the first four months. Analysts said premium growth was likely to slow further amid tighter industry regulations and the domestic economic slowdown. 'The ...

  8. Taskforce to tackle financial crisis likely to be wound up

    Posted Jun 22nd 2009, 12:00am by Gary Cheung

    ... Gary Cheung A taskforce set up in October to assess the impact of the global financial crisis on Hong Kong is likely to be disbanded after its fifth meeting today. A member ... will discuss development of the six industries: education; medical services; environment; innovation and technology; cultural and creative industries; and food safety and product testing. Chief ...

  9. Tomorrow's industry leaders get return on their investment

    Posted Nov 07th 2009, 12:00am by Samuel Riding

    ... annual competition to find the financial industry's leaders of tomorrow. It has six priorities in continuing this search for the best Hong Kong has to offer. One of these is to honour outstanding university students with financial acumen and knowledge of financial planning, but more importantly it aims to show those already leading the industry the young talent that Hong Kong has ...

  10. High standards expected of financial planners

    Posted Sep 01st 2009, 12:00am by Staff Reporter

    ... in the industry. Authorisation to use the letters requires meeting educational, examination, experience and ethics requirements. The Institute of Financial Planners of Hong Kong has told him to stop using ... and Hong Kong- cannot afford to have people involved in the industry who are not honest. Financial services, like shopping, require that we be ever alert for fakes. We should be careful about where ...




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