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Skandia International launches in Singapore

Royal Skandia, part of Skandia International, has opened a branch in Singapore.

High-net worth investors will be able to access the Company’s executive investment bond, an offshore investment product tailored to the Singapore market which provides access to a wide range of collective investment funds, stocks and shares within one portfolio. The product targets investors who hold an annual income of S$300,000 or net personal assets of at least S$2 million.

Commenting on the new opening, CEO of Skandia International CEO André Oszmann says: “We have ambitious expansion plans for Asia generally and opening a branch in Singapore is a key part of those. The advanced wealth management market in Singapore is very attractive to us and demand for investment products offering a wide asset choice is growing rapidly.”


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Absence management systems gone AWOL from UK’s SMEs, reports Jelf

A quarter (23 per cent)* of the UK’s small to medium-sized enterprises (SMEs) do not have an absence management system in place, according to new research from Jelf Employee Benefits. Despite 69 per cent* of organisations having a system in place, three-quarters (75 per cent) report that it is not providing them with sufficiently empowering absence or health data to inform an effective wellbeing programme.


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