Retire Rich Weekly: Allianz Buys HSBC Life - What Should Policyholders Do?

Welcome back to our Retire Rich weekly updates. You may have heard that HSBC has agreed to sell HSBC Life Singapore to Allianz for S$2.7 billion, subject to regulatory approval. For some policyholders, the journey may eventually look like this: AXA → HSBC Life → Allianz The good news is that existing policy terms and benefits are not changing because of the announcement. The deal is a useful reminder that your insurer’s brand, ownership and even servicing adviser may change over time, but a...