Men are taking the lead in decision-making across most aspects of financial planning, according to HSBC’s latest report: The Future of Retirement: Why family matters. Conducted by Cicero Consulting across over 17,000 people in 17 countries, with more than 7,300 from Asia, HSBC’s survey explores changing attitudes towards retirement and financial planning. Sixty-eight per cent of Asian men and 65% of men worldwide say they make all or most of the financial decisions in the household, compared to 58% and 53% of women in Asia and globally, respectively. The only…
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HSBC EXPANDS INSURANCE BUSINESS INTO BEIJING
HSBC Life Insurance Company Limited (HSBC Life), a 50:50 joint venture between HSBC Insurance (Asia) Limited and Beijing-based The National Trust Limited, marked the official launch of its insurance operations in Beijing in a ceremony held today after receiving a licence to offer HSBC insurance products in the city recently. HSBC Life has been operating in Shanghai since August 2009. HSBC’s expanded insurance presence in China will enable HSBC and Hang Seng Bank customers across a combined 14 outlets in Beijing to access a comprehensive range of HSBC insurance solutions…
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