The Oct. 13 changes included Alvin Soh in Singapore and Georgina Howes moving from Transamerica Life (Bermuda) Ltd to the Bermuda unit.
Three Sun Life Private Wealth executive changes on Oct. 13 occurred in Singapore and Bermuda, according to our tracking.
Alvin Soh joined Sun Life Private Wealth Singapore and Liem Phan joined Sun Life Private Wealth.
Georgina Howes moved from Transamerica Life (Bermuda) Ltd to Sun Life Private Wealth Bermuda.
Reported by The Wrap desk from our tracking. Published . Corrections
The new company writes directly from a Bermuda balance sheet while its 30-year branch keeps the non-participating book; first product is a whole life policy built with Sun Life Asset Management.
The parent holding company shifts to US regulators while two Bermuda units stay under BMA watch.
The redomiciliation would end the BMA's group-supervisor relationship with Aegon and leave Bermuda with a $6.3 billion life subsidiary in its place.
Examiners will review disclosures and whether recommendations matched client objectives; Reg S-P readiness is also on the list.
Distributing-fund investors would pay at least 25 basis points less for three years if the umbrella restructuring is approved.
Redemption windows, new launches, fees and terms. Daily at 7:35 a.m. ET.
Free. Every morning. Unsubscribe from any edition in one click.