... can use part of their savings to purchase an immediate annuity and start receiving a steady stream of income. Purchasing an annuity only requires a one-o� transaction and a policyholder does not need to spend much time managing the annuity in the future. It is a simple retirement financial arrangement...

... sales channels such as mobile apps available for consumers to take out simple and standardised insurance products. We don’t know how this development may impact the role of insurance intermediaries. But we need to get prepared for changes that may come earlier than we expect. In any case, the Authority...

... sales channels such as mobile apps available for consumers to take out simple and standardised insurance products. We don’t know how this development may impact the role of insurance intermediaries. But we need to get prepared for changes that may come earlier than we expect. In any case, the Authority...

... purchase an immediate annuity and start receiving a steady stream of income. Purchasing an annuity only requires a one-o� transaction and a policyholder does not need to spend much time managing the annuity in the future. It is a simple retirement financial arrangement that o�ers peace of mind...

... can use part of their savings to purchase an immediate annuity and start receiving a steady stream of income. Purchasing an annuity only requires a one-o� transaction and a policyholder does not need to spend much time managing the annuity in the future. It is a simple retirement financial arrangement...

... can use part of their savings to purchase an immediate annuity and start receiving a steady stream of income. Purchasing an annuity only requires a one-o� transaction and a policyholder does not need to spend much time managing the annuity in the future. It is a simple retirement financial arrangement...

... sales channels such as mobile apps available for consumers to take out simple and standardised insurance products. We don’t know how this development may impact the role of insurance intermediaries. But we need to get prepared for changes that may come earlier than we expect. In any case, the Authority...

... versions are referred to as “Simple” and “Complex”. It is the Member Company’s responsibility to match the more appropriate IFS with its associated information, i.e. details of the fees and charges, to the ILAS product being sold;  For ILAS products with “complex” charging structure, it is recognized that...

... Examination Questions The examination will consist of 75 multiple-choice questions. The majority of the questions will be very straightforward, involving a simple choice from four alternatives. These we may call Type ‘A’ Questions. A selection of the questions (probably between 10% and 15%) will be slightly...

... of other projects, are encouraged and made possible partly because insurance is available. - o - o - o - 1/5 Representative Examination Questions The examination will consist of 75 multiple-choice questions. The majority of the questions will be very straightforward, involving a simple choice from...