Sun Life targets Asia’s booming wealth transfer market with new platform

Canadian insurer Sun Life has launched a new platform targeting Asia’s fastest-growing wealth management markets, as high-net-worth individuals in the region increasingly seek to use insurance products to protect their wealth and pass it on to the next generation.
The integrated platform – named Sun Life Private Wealth – was launched on Tuesday with about 400 staff spread across Hong Kong, Singapore, Bermuda, Dubai, Canada, Ireland and the United States.
It will serve high-net-worth customers...