))
We’re all going on an insurance holiday – Hong Kong’s Advice Market
Manage episode 321773303 series 3322587
Content provided by Alex Watson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alex Watson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
This week’s Advice Around the World podcast takes us all the way to Hong Kong, where we speak to Simon Parfitt from Pyrmont Wealth. Parfitt is one of the standout financial planners in his region, and he has some incredible insights to share with us on his local market. There are several revelations here. One which particularly stood out is the fact that Hong Kong has become a tourist destination. Not for sun, sea and sand, but rather for Chinese mainland citizens looking to buy insurance products. Parfitt tells us why this happens, and how this unusual quirk has come to pass. We also learn why many advice firms fall under the remit of the insurance regulator. This detail, which at face value is dry, leads to a better understanding of how planning does, or in other cases does not, work in Hong Kong. This is a conversation that covers some unusual ground, but not without shedding some light on the value of proper financial planning.
12 episodes
Share
