Wednesday, November 6, 2024

Sun Life and Premier Family Business Consulting team up to advance financial literacy and business succession planning

Atty. Michael Zaballero, Premier Family Business Consulting Relationship Manager and Legal Affairs Counsel; Jefferson Tio, Premier Family Business Consulting Chief Partnership and Relationship Officer; Neil Montesclaros, Premier Family Business Consulting Executive Director and Chief Operating Officer; Jonathan Ramos, Premier Family Business Consulting Founder and CEO; Atty. Edgar Tordesillas, Sun Life Philippines General Counsel; Aleister Cruz, Sun Life Philippines Chief Strategy and Enablement Officer; Deo Orpilla, Sun Life Philippines Chief Distribution and Business Development Officer; Jubilee Ragasa, Sun Life Philippines Regional Expansion Agency Program Head

Tuesday, November 5, 2024

EastWest Visa Platinum Triumphs at The Asian Banker Awards, Celebrated as the Best Cashback Credit Card

EastWest Bank’s Visa Platinum Credit Card continues to make its mark in the financial industry as it was recently recognized with the prestigious Best Cashback Credit Card award by The Asian Banker. This latest accolade highlights the bank's continuing success in providing innovative, consumer-centric solutions that offer unparalleled rewards and benefits to its customers.

The global pandemic shifted consumer behavior, especially in terms of shopping and dining preferences. Understanding this, and with the modern Filipino consumer in mind, the EastWest Visa Platinum Credit Card was refreshed to adapt to the rapidly changing financial landscape, reflecting the bank’s drive to meet the diverse needs of its growing customer base.

Monday, November 4, 2024

Sun Life Survey Highlights Inflation Challenges for Retirees in Asia

As the region’s population ages, younger generations are retiring later to save more

In the Philippines close to a half of today’s retirees express regret over past financial decisions with the biggest reasons being not saving enough (73%), followed by not investing wisely (47%), and retiring too early (38%).   

66% of respondents will leave planning for retirement expenses within 5 years of retirement. 

Younger respondents are adjusting expectations in light of looming challenges, including delaying their retirement. Primary reasons include the need to save more (59%), the desire to remain active (59%) and the need to cover increased living expenses (46%).  

Saturday, November 2, 2024

Smart Money-Saving Tips for Filipinos This Holiday Season with Wise

The holiday season is a joyful but costly time for Filipinos, with expenses piling up for Simbang Gabi, noche buena, and family reunions. For overseas foreign workers (OFWs) and freelancers, managing these costs is even tougher due to the financial strain of sending money home or receiving payments from abroad, where high fees and poor exchange rates can eat into their earnings. Wise, the global fintech company, offers some money-saving tips to help manage your finances better this holiday season.

Pru Life UK named Circle of Excellence Awardee at the 15th Asia CEO Awards

Pru Life UK Vice President and Head of Brand & Digital Paul Bantayan (1st from right) accepts the Circle of Excellence Award for Company of the Year at the prestigious 15th Asia CEO Awards

Pru Life UK, the leading life insurance company in the Philippines, has been recognised as a Circle of Excellence Awardee for Company of the Year at the prestigious 15th Asia CEO Awards, one of the largest business awards events in Southeast Asia. This honour highlights Pru Life UK's contributions to business excellence and its positive impact on Filipino society.

Pru Life UK has consistently demonstrated leadership in the industry, ranking as the top life insurer in the country with a New Business Annual Premium Equivalent of Php 4.8 billion and total premium income from variable life insurance products of Php 22.5 billion, as reported by the Insurance Commission as of Q2 2024.