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  • April 18, 2014
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  1. HK$1m safety net proposed for insurance policyholders

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

    ... about insurers' health following the financial troubles of AIG, once the world's biggest insurer. 'The financial crisis has shown that not even the large insurer is immune,' a government source said yesterday. 'A safety net is therefore necessary to ensure the insured's money is safe and unaffected by insurers' failures.' In line with prevailing ...

  2. After health care, Beijing must tackle pension reform

    Posted May 01st 2009, 12:00am by Tom Holland

    ... with Tom Holland A lot has been made of Beijing's recent pledge to spend 850 billion yuan (HK$965.52 billion) on health-care reform, with all sorts of analysts saying the treatment is just what the doctor ordered when it comes to getting the country's famously thrifty consumers to go out and spend. The idea is that if the state extends health insurance to the population ...

  3. On the Move

    Posted Sep 27th 2010, 12:00am by Staff Reporter

    ... of confidential information, drafting and reviewing job documentation and policies, terminations, occupational health and safety, immigration issues and privacy matters. Kenneth Tung Managing director, ...

  4. Beans bolster financial health

    Posted Jun 26th 2005, 12:00am by Chris Oliver

    ... that could be important to your investment health. Apart from being the dogs of the investment universe for much of that time, they also tend to move in the opposite direction to stocks and bonds. ... Webman suggests less experienced investors head for the safety of a commodities fund designed to track a rainbow of different industrial and agricultural groups. Because commodities are weakly ...

  5. Brokers' safety nets by autumn

    Posted Mar 12th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com The big stockbrokers will pay a combined HK$4.7 billion to establish new safety nets against the risk of a broker collapse as the stock exchange implements ... if they collapse,' Chim said. 'We agree to add a safety net to the market but do not want to add too high a burden to brokers.' Li said medium-sized brokers were the most unhappy group ...

  6. Plan to expand safety net to SMEs has insurers fuming

    Posted Feb 28th 2012, 12:00am

    ... Enoch Yiu Insurance executives have become increasingly worried about a government proposal to expand a safety net to corporate policyholders in the event an insurer collapses. Having the safety net in place is good for policyholders and is in line with international practice, but industry insiders said the current proposal had undergone some changes, which may add risks ...

  7. Insurance safety net for policies a step closer

    Posted Jan 31st 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com The government confirmed that it would proceed with a long-awaited plan to establish a safety net for policyholders when insurance companies collapse. ... by lawmakers, the fund would be launched in 2013 or 2014. 'The PPF will be a safety net for policyholders when an insurer becomes insolvent. It will enhance the stability and competitiveness of our ...

  8. Beware wealth's flight to safety in turbulent 2012

    Posted Jan 02nd 2012, 12:00am

    ... and that the economies of China, Japan and the euro zone would dip. They did. Ahead, expect continuing turmoil spiced by flights to safety, beggar-thy-neighbour policies and monetary stimulus inducing inflation. ... for flights to safety, and convert to real assets ahead of inflation and interest rate hikes. Gary Biddle is PCCW professor and chair of accounting at the University of Hong Kong and teaches ...

  9. News - World - FINANCE

    Cyprus gold sale sparks sell-off of metal, in what could be tipping point for bullion

    Posted Apr 14th 2013, 12:00am by AGENCIES

    ... the deteriorating financial health of the country but that Angela Merkel's government supported easier terms for Portugal- which tabled fresh measures to save more than £1 billion from its budget- ...

  10. Safety net 'will add to investors' costs'

    Posted Aug 01st 2011, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Brokers are opposed to the stock exchange's plan to introduce measures for a safety net as they worry the move will impose costs that will eventually ... any urgent need to improve the safety net to guard against the collapse of brokerages. 'The Securities and Futures Commission already has in place very tough requirements for brokers. ...




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