Latest news with #legacyplanning
Associated Press
6 days ago
- Business
- Associated Press
AIA Launches Wealth Generation - Introducing market-first legacy planning options and a short 4-year projected breakeven period Empowering HNW customers to accumulate wealth and achieve seamless legacy transfer
HONG KONG SAR - Media OutReach Newswire - 25 June 2025 - AIA Hong Kong announced the launch of Wealth Generation ('the Plan'), a bespoke life insurance plan designed exclusively for high-net-worth (HNW) individuals. This Plan enables customers to capitalise on wealth creation opportunities in today's dynamic market while fostering long-term prosperity through strategic legacy planning. The Plan features multiple market-first^ legacy planning options, a rare-in-market* Flexi Withdrawal Option and value-added service, delivering a competitive projected total internal rate of return (IRR) #. With projected breakeven year as short as four years#, this comprehensive solution addresses the dual priorities of HNW customers: wealth accumulation and legacy management. AIA WG Eng Ms Alice Liang, Chief Proposition & Healthcare Officer of AIA Hong Kong & Macau, said: 'As a global hub for asset and wealth management, Hong Kong has long been a magnet for high-net-worth individuals and families from around the world. Their needs for life insurance products are constantly evolving. They not only seek to navigate complex investment landscape but also place great emphasis on managing their wealth with control, precision, flexibility, and resilience, ensuring seamless wealth transfer.' She added: 'AIA remains unwavering in our customer-centric approach, consistently delivering innovative products and thoughtful services that go beyond expectations and delight our customers. Wealth Generation exemplifies this commitment, with its market-first legacy planning options, rare Flexi Withdrawal Option and value-added services. This empowers our customers with greater control and flexibility over their wealth accumulation and legacy planning journey, embodying AIA's commitment to helping them achieve Healthier, Longer, Better Lives.' Key features and value-added services of the Wealth Generation: Empowering Wealth Growth Short projected total breakeven year and competitive projected total IRR Rare-in-market* Flexi Withdrawal Option3 Seamless Legacy Planning Legacy Planning Options and Value-added Services Safeguarding Loved Ones Recognising the exacting standards of HNW customers for health and wealth solutions, AIA established AIA Club Alta in 2023 to deliver curated privileges8 across three pillars: health and wellness, wealth management and exquisite lifestyle experiences. These exclusive offerings have empowered customers to strike an optimal balance between health and wealth, enabling them to enjoy a more prosperous and fulfilling life. AIA Club Alta also extends its bespoke wealth management privileges9 to include advisory services on tax planning, trusts, legal and family office consultations. When combined with Wealth Generation, these services provide customers with an effective solution, ensuring the mastery of wealth amplification, seamless wealth succession and peace of mind for generations to come. All information above is for reference only and does not constitute any offer and/or insurance product recommendation. The product information in this material does not contain the full terms of the product, for the details of the product features, terms and conditions, exclusions and key product risks, please refer to the product brochure and policy contract of relevant products or visit the AIA Hong Kong's website. Remarks ^ Three market-first options: * Compared with the savings insurance products provided by Hong Kong major insurance companies as of 7 May 2025. # 'Projected total breakeven year' is the policy year at the end of which the projected total surrender value is greater than or equal to the single premium paid for the first time. The projected Total IRR is neither indicative of future performance nor guaranteed. The projected total IRR based on the assumption that no cash withdrawals or policy loans are taken throughout the term of the policy, none of Terminal Dividend Lock-in Option, Flexi Withdrawal Option, Policy Split Option and Health Impairment Incapacity Option is exercised and that all premiums are paid in full when due. Hashtag: #AIA #友邦 The issuer is solely responsible for the content of this announcement. About AIA Hong Kong & Macau AIA Group Limited established its operations in Hong Kong in 1931. To date, AIA Hong Kong and AIA Macau have over 18,000 financial planners1, as well as an extensive network of independent financial advisors, brokerage and bancassurance partners. We serve over 3.6 million customers2, offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, pension, personal lines insurance to investment-linked assurance schemes with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high-net-worth customers. 1 as of 31 March 2025 2 Including AIA Hong Kong and AIA Macau's individual life, group insurance and pension customers (as of 31 March 2025)
Malay Mail
6 days ago
- Business
- Malay Mail
AIA Launches Wealth Generation - Introducing market-first legacy planning options and a short 4-year projected breakeven period Empowering HNW customers to accumulate wealth and achieve seamless legac
Empowering Wealth Growth Projected total breakeven year as short as four years#, with a 10-year projected total IRR of up to 5.05%#, helping customers seize opportunities for steady wealth growth. Guaranteed cash value and non-guaranteed Terminal Dividend1, along with the Terminal Dividend Lock-in Option2, enabling customers to secure potential returns while pursuing long-term financial growth. Policyholders can set up flexible withdrawal instructions starting from the end of the 5th policy year, where they may automatically and regularly withdraw policy values during their specified period for payment to the designated payment recipient, catering to their evolving needs at different life stages. Seamless Legacy Planning Market-first^ Future Guard Option: Through the value-added service, Transitional Owner Arrangement4, policyholder can designate a family member as the contingent owner of the policy and another aged 18 or above family member as the transitional owner of the policy. The transitional owner will oversee the policy with limited administrative rights until the designated contingent owner takes over ownership of the policy upon reaching the date or age as specified by the policyholder. The Future Guard Option also allows the transitional owner to split the policy into two separate policies and to designate another family member as the new contingent owner and insured of the split policy. Ownership of the split policy is transferred when the new contingent owner reaches the specified date or age, ensuring seamless and harmonious wealth succession across generations. Market-first^ Beneficiary Flexi Option: Under specified conditions5, beneficiaries are empowered to flexibly choose their settlement options to receive their share of the unpaid death benefit and accidental death benefit. This ensures a personalised and holistic approach to legacy planning. Market-first^ Health Impairment Option6: In the event that the policyholder suffers from a mental issue or becomes unconscious for a certain period due to a specified illness, the designated recipient7 can receive benefit payment or policy ownership according to the policyholder's instructions. This feature safeguards the financial well-being of loved ones. Remarks ^ Three market-first options: Future Guard Option: As of 7 May 2025, compared with similar services offered by Hong Kong major insurance companies Beneficiary Flexi Option: With the Beneficiary Flexi Option, the policy owner allows the beneficiary to choose to receive the death benefit payment in accordance with the beneficiary's selected settlement option when the beneficiary has attained the designated age chosen by the policy owner or when the beneficiary is diagnosed with a specified illness under Beneficiary Flexi Option. This feature is first-in-market when compared with the savings insurance products provided by Hong Kong major insurance companies, pioneered by AIA with the FlexiAchiever Savings Plan on 8 January 2025. Health Impairment Option: This option allows the policy owner to designate up to 2 different designated recipients and elect for both benefit payment and transfer of ownership at the same time. This feature is first-in-market when compared with the savings insurance products provided by Hong Kong major insurance companies as of 7 May 2025. * Compared with the savings insurance products provided by Hong Kong major insurance companies as of 7 May 2025. # 'Projected total breakeven year' is the policy year at the end of which the projected total surrender value is greater than or equal to the single premium paid for the first time. The projected Total IRR is neither indicative of future performance nor guaranteed. The projected total IRR based on the assumption that no cash withdrawals or policy loans are taken throughout the term of the policy, none of Terminal Dividend Lock-in Option, Flexi Withdrawal Option, Policy Split Option and Health Impairment Incapacity Option is exercised and that all premiums are paid in full when due. The non-guaranteed Terminal Dividend may be declared to the policy at least once per policy year starting from the end of the 3rd policy year. However, AIA Hong Kong may also at its sole discretion declare the Terminal Dividend more frequently than once per policy year, such as on a monthly basis. This option is available once per policy year starting from the end of the 15th policy year, and application for such transfer must be made within 30 days after the end of a policy year. Subject to relevant conditions and withdrawal risks. Transitional Owner Arrangement is only available to designated policies which meet our eligibility requirements. Transitional Owner Arrangement is a value-added service and not a product feature, therefore it does not form part of the policy contract of Wealth Generation. Application is subject to our approval at our discretion. We reserve the right to withdraw the Transitional Owner Arrangement or change its terms and conditions or any related requirements at any time at our sole and absolute discretion. Future Guard Option is one of the service features under the Transitional Owner Arrangement. For details of Transitional Owner Arrangement and Future Guard Option (including but not limited to eligibility, risk and limitation), please refer to the value-added service leaflet of Transitional Owner Arrangement. If the policyholder has chosen the Death Benefit Settlement Option, he/she may also choose the Beneficiary Flexi Option. Upon the beneficiary attaining the designated age chosen by the policyholder or being diagnosed with a specified illness including cancer, stroke, heart attack, terminal illness and kidney failure, such beneficiary can receive his/her share of the unpaid death benefit and accidental death benefit (if any) according to his/her selected settlement option. Starting from the end of the 3rd policy year, if the policyholder is also the insured, he/she may elect for benefit payment and/or ownership transfer to designated recipient(s) under the Health Impairment Option. Subject to relevant conditions and withdrawal risk. The policyholder may designate up to 2 family members aged 18 or above as designated recipients and the applicable designated percentage of policy value for benefit payment and/or ownership transfer. If the policyholder suffers from a mental issue or becomes unconscious for a certain period due to a specified illness including Apallic Syndrome and Coma, the designated recipient may in accordance with the instructions receive a lump sum benefit payment and/or become the new policy owner of the policy. The membership and privileges of AIA Club Alta are subject to terms and conditions. For details, please refer to AIA Club Alta website ( The wealth management privileges of AIA Club Alta are provided by third-party service providers and partners. AIA Hong Kong and its intermediaries do not provide any opinion or advice to customers regarding the relevant services. HONG KONG SAR - Media OutReach Newswire - 25 June 2025 - AIA Hong Kong announced the launch of Wealth Generation ("the Plan"), a bespoke life insurance plan designed exclusively for high-net-worth (HNW) individuals. This Plan enables customers to capitalise on wealth creation opportunities in today's dynamic market while fostering long-term prosperity through strategic legacy planning. The Plan features multiple market-first^ legacy planning options, a rare-in-market* Flexi Withdrawal Option and value-added service, delivering a competitive projected total internal rate of return (IRR). With projected breakeven year as short as four years, this comprehensive solution addresses the dual priorities of HNW customers: wealth accumulation and legacy Alice Liang, Chief Proposition & Healthcare Officer of AIA Hong Kong & Macau, said: "As a global hub for asset and wealth management, Hong Kong has long been a magnet for high-net-worth individuals and families from around the world. Their needs for life insurance products are constantly evolving. They not only seek to navigate complex investment landscape but also place great emphasis on managing their wealth with control, precision, flexibility, and resilience, ensuring seamless wealth transfer."She added: "AIA remains unwavering in our customer-centric approach, consistently delivering innovative products and thoughtful services that go beyond expectations and delight our customers. Wealth Generation exemplifies this commitment, with its market-first legacy planning options, rare Flexi Withdrawal Option and value-added services. This empowers our customers with greater control and flexibility over their wealth accumulation and legacy planning journey, embodying AIA's commitment to helping them achieve Healthier, Longer, Better Lives."Key features and value-added services of the Wealth Generation:Recognising the exacting standards of HNW customers for health and wealth solutions, AIA established AIA Club Alta in 2023 to deliver curated privilegesacross three pillars: health and wellness, wealth management and exquisite lifestyle experiences. These exclusive offerings have empowered customers to strike an optimal balance between health and wealth, enabling them to enjoy a more prosperous and fulfilling life. AIA Club Alta also extends its bespoke wealth management privilegesto include advisory services on tax planning, trusts, legal and family office consultations. When combined with Wealth Generation, these services provide customers with an effective solution, ensuring the mastery of wealth amplification, seamless wealth succession and peace of mind for generations to information above is for reference only and does not constitute any offer and/or insurance product recommendation. The product information in this material does not contain the full terms of the product, for the details of the product features, terms and conditions, exclusions and key product risks, please refer to the product brochure and policy contract of relevant products or visit the AIA Hong Kong's #AIA #友邦 The issuer is solely responsible for the content of this announcement. About AIA Hong Kong & Macau AIA Group Limited established its operations in Hong Kong in 1931. To date, AIA Hong Kong and AIA Macau have over 18,000 financial planners1, as well as an extensive network of independent financial advisors, brokerage and bancassurance partners. We serve over 3.6 million customers2, offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, pension, personal lines insurance to investment-linked assurance schemes with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high-net-worth customers. 1 as of 31 March 2025 2 Including AIA Hong Kong and AIA Macau's individual life, group insurance and pension customers (as of 31 March 2025)
Khaleej Times
23-06-2025
- Business
- Khaleej Times
Dubai becoming the top legacy hub for African super-rich
As the global wealth landscape continues to evolve, the UAE and particularly Dubai is emerging as more than just a high-yield investment market. For African high networth individuals (HNWIs), the emirate is becoming a destination for long-term wealth preservation, generational planning, and lifestyle anchoring. That's according to the Co-Founder of Merlin Real Estate, Rohit Bachani, who highlighted a significant shift in investor sentiment among African elites. In an interview with Khaleej Times, he said: 'We're witnessing a generational shift in how wealth is being viewed and deployed. African HNWIs are no longer looking at Dubai purely for returns; they're viewing it through the lens of security, continuity, and future-readiness. The emirate's zero capital gains tax, residency incentives, and robust infrastructure make it an ideal ecosystem for legacy planning. We're seeing families making strategic long-term commitments, not just acquiring homes but securing multigenerational assets in a city that offers mobility, safety, and lifestyle. Dubai is fast becoming a cornerstone for legacy creation, not just a satellite asset class.' Dubai's appeal lies in its blend of fiscal advantages and streamlined systems. For African investors diversifying globally, the UAE presents a seamless path with its transparent legal environment, absence of capital gains and inheritance taxes, and 100 per cent foreign ownership across key industries. Bachani explained this clarity stands in stark contrast to traditional markets like London or New York, where regulatory uncertainty, shifting tax regimes, and political volatility create barriers to effective legacy planning. In today's volatile global climate, certainty and stability outweigh mere returns for discerning investors. 'What investors value most today is not just return on capital but certainty of capital. Dubai provides that certainty through policy continuity, a resilient banking system, and a government that actively incentivises investment.' One of Dubai's standout features is its infrastructure for multigenerational wealth planning. As families look at decades ahead, they find that the UAE offers an environment where succession, preservation, and long-term growth are not just possible but encouraged. 'Moreover, Dubai's ecosystem is designed for multigenerational planning. For families thinking 10, 20, or 50 years ahead, the UAE offers a structure that supports preservation, succession, and growth, all in a safe, lifestyle-enhancing environment. That long-term stability is what sets it apart from traditional and often saturated Western markets.' At the same time, the UAE is fostering a deeper economic connection with Africa. Bachani pointed to an increasingly dynamic two-way investment corridor between Dubai and African markets. 'What we're seeing is the solidification of a two-way investment corridor. African investors are entering the Dubai real estate market with increasing confidence, acquiring residential and branded lifestyle assets, while GCC investors are exploring African agriculture through structured land deals and agritech partnerships.' Synergistic relationship with Africa With Dubai's heavy reliance on food imports and Africa's abundance of arable land, this relationship is more than strategic -- it's becoming synergistic. 'With Dubai's reliance on food imports and Africa's land richness, it's a natural complement. This capital flow is no longer emerging; it's accelerating, driven by aligned economic and sustainability goals,' Bachani added. The growing confidence is also reflected in the evolving nature of property investments. Dubai is being embraced not just as a financial opportunity, but as an emotional and strategic base, especially by younger generations. 'Dubai today is being embraced not only as a high-return investment destination but as a parallel home emotionally and strategically. Its neutrality, regulatory transparency, world-class healthcare and education, and family-friendly lifestyle give it a strong advantage. For African families seeking geographic diversification without cultural dissonance, Dubai offers a compelling fit. We're seeing younger generations in particular view the city not just as a luxury hub but as a future-forward urban ecosystem. This isn't just about real estate; it's about anchoring a lifestyle.' Turnkey communities in demand This shift is being felt across the real estate landscape, where demand is growing not just for prime locations, but for turnkey communities and hassle-free investment structures. 'There's a clear gravitation toward residential assets, particularly within master-planned and branded communities that blend luxury with liveability. Developments like Dubai Hills, Creek Harbour, and The Oasis are consistently on the radar. Beyond that, we're observing growing interest in structured investment vehicles such as REITs (Real Estate Investment Trust) and fractional ownership, especially among family offices that value asset diversification without operational burden. Lifestyle is no longer a secondary benefit, it's a key driver,' added Bachani.
Entrepreneur
12-06-2025
- Business
- Entrepreneur
Entrepreneur UK's London 100: Adeus
Industry: Fintech Founded in London by Nick Adams and Mark Hedley, adeus is a digital-first legacy planning startup on a mission to revolutionise the way people protect their legacies. adeus is perfectly positioned to lead the market as the UK's Law Commission prepares to enable electronic wills in 2025, the first major change to inheritance law since 1837. What makes adeus truly innovative is the use of blockchain and smart contracts to ensure the will cannot be edited or deleted, and assets can be securely distributed. "Legacy planning is something people avoid because the process feels cold, complex, and somewhat archaic," says co-founder Adams. "We knew there had to be a better way and Mark and I are building it using tools people already trust in their daily lives."
Malay Mail
09-06-2025
- Business
- Malay Mail
Generali Hong Kong Introduces LionAchiever Elite with High Potential Returns¹ and All-in-One Legacy Solutions
Generali Hong Kong announces the launch of LionAchiever Elite (the 'Plan'), a new flagship whole life savings and life insurance plan that offers customers high potential returns¹ with a short 2-year premium payment term, while also providing all-in-one legacy planning. Short premium payment term of 2 years with high potential returns 1 and early breakeven 1 with and Flexible death benefit settlement - choose lump sum, monthly instalments, partial or deferred payment for each beneficiary 2 - choose lump sum, monthly instalments, partial or deferred payment for each beneficiary Policy Split Option - pre-arrange to split the policy automatically among beneficiaries upon the insured's death 2 - pre-arrange to split the policy automatically among beneficiaries upon the insured's death Policy Custodian Option - nominate a trusted person to manage the policy temporarily when the Policyholder passes away until the successor is ready2 HONG KONG SAR - Media OutReach Newswire - 9 June 2025 - Generali Hong Kong announces the launch of LionAchiever Elite (the "Plan"), a new flagship whole life savings and life insurance plan that offers customers high potential returns¹ with a short 2-year premium payment term, while also providing all-in-one legacy planning. Designed to support both wealth accumulation and legacy planning, the plan empowers customers to achieve their financial goals and take control of how their legacy is preserved and passed a premium payment term of just 2 years, LionAchiever Elite provides an accessible solution for customers to grow their wealth with minimal ongoing commitment. The plan offers high potential returns¹ and early breakeven at early as the 3policy year¹. By the 10th policy year, it reaches a projected internal rate of return of up to 5.03% per annum¹, making it a powerful solution for customers looking to grow their wealth with a shorter commitment addition to wealth growth, the Plan provides comprehensive legacy planning solutions that support seamless wealth transfer across generations. These include the Death Benefit Payment Option, Policy Split Option, and Policy Custodian Option, allowing customers to tailor how their wealth is passed on through a single, integrated solution that gives them greater flexibility and control., said:Building on the success of LionAchiever, the new LionAchiever Elite is designed to offer even more features and greater flexibility to meet customers' evolving financial needs. For more information about LionAchiever Elite, please visit All information above is for reference only and does not constitute any offer and/or insurance product recommendation. The product information in this material does not contain the full terms of the product, for the details of the product features, terms and conditions, exclusions and key product risks, please refer to the product brochure and policy contract of relevant products or visit the The calculation for total breakeven and total IRR includes Guaranteed Cash Value and non-guaranteed Terminal Dividend. It is not guaranteed. It is based on the scenario of 2 years Premium Payment Term with existing promotion of 4% premium refund, annual premium payment mode with Total Premiums Paid of USD 1,000,000. It is assumed that all premiums are paid in full when due without any prepayment, policy loan, withdrawal, and/or exercise of any policy options2. Please refer to the Policy Provisions, product brochure, "Generali's All-in-one Legacy Planning Solutions" leaflet, forms, promotion flyer and other relevant documents for #GeneraliHongKong The issuer is solely responsible for the content of this announcement. Generali Hong Kong In 1981, Assicurazioni Generali S.p.A. was first registered as an authorised insurer in Hong Kong, with the business extending into the life insurance sector in 2016 with Generali Life (Hong Kong) Limited. With a combination of local knowledge and Generali Group's global expertise, we develop unique and innovative life insurance, general insurance, specialty insurance, and employee benefits solutions to meet the needs of our customers. THE GENERALI GROUP Generali is one of the largest integrated insurance and asset management groups worldwide. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 95.2 billion and € 863 billion AUM in 2024. With around 87,000 employees serving 71 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali's strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.
