Sun Life Unveils New Global Tech Funds

Sun Life of Canada (Philippines), Inc. (Sun Life) is giving Clients the opportunity to harness the growth of the technology sector, as it unveils its latest offering: the Sun Life Peso Global Tech Funds.

The Sun Life Peso Global Tech Funds can be availed as a fund option to any Peso-denominated investment-linked insurance plans. There are two variants available for Clients to choose from: the Sun Life Peso Global Tech Growth Fund, which aims to provide long-term capital appreciation through accumulation of earnings over time; and the Sun Life Peso Global Tech Payout Fund, which aims to generate potential streams of income on a quarterly basis.

“Sun Life always takes its cue from Clients when creating new financial solutions, and they have been looking for ways to access the tech sector on a global scale,” said Carla Gonzalez-Chong, Sun Life Chief Client Experience & Marketing Officer. “The Sun Life Global Tech Funds answer this need, and that is why we are especially excited about this launch.”

Pru Life UK opens new general agency offices, expands nationwide presence to serve more Filipinos

Leading life insurer Pru Life UK continues its mission to make life insurance more accessible to Filipinos by inaugurating seven new general agency offices. This expansion underscores the company’s commitment to widening its reach and enhancing service delivery to Filipinos nationwide.

With four new agencies in Metro Manila and three in the Mindanao region, Pru Life UK now operates over 170 general agencies and branches and continues to grow its network of more than 42,000 digitally empowered agents. This move strengthens the company’s presence in strategic locations, enabling the company to better serve the diverse needs of over 1.8 million Filipino families.

Alsons Dev Recognized among BDO Home Loan's Top Developer Partner

Alsons Development and Investment Corporation (Alsons Dev), Davao City’s premier real estate company, was honored as one of BDO Home Loan’s Top Developer Partners for 2023 during the BDO Annual Developers' Appreciation Event. Alsons Dev officially received the prestigious Sapphire Award and Most Compliant Award, underscoring Alson Dev's dedication to providing exceptional customer service and meeting the dynamic real estate needs of Mindanaoans.

Alsons Dev receives the Sapphire Award and the Most Compliant Award  at BDO Home Loan's Top Developer Partners for 2023, recognizing their commitment to excellence in the industry

This marks the first time that BDO acknowledged the Davao-based developer on the prestigious list. As the sole awardee from Davao and Mindanao, Alsons Dev solidified its position as a regional industry leader, highlighting its unique influence and commitment to excellence in the real estate market.

For more information about Alsons Dev, please visit https://alsonsdev.com/.   

Sun Life Receives Two Golden Arrow Award For Good Corporate Governance

Sun Life’s Corporate Secretary, Atty. Anna Katrina Kabigting-Ibero (middle), receives the Two Golden Arrow Award for Sun Life Philippines

Sun Life of Canada (Philippines), Inc. has once again been honored by the Institute of Corporate Directors (ICD) with the prestigious Two Golden Arrow Award for its unwavering commitment to good corporate governance.

The Golden Arrow Recognition ceremony was held recently at Manila Marriott Hotel, and Sun Life’s Corporate Secretary, Atty. Anna Katrina Kabigting-Ibero, personally received the award.

This award is bestowed upon insurance companies and publicly listed entities that have achieved a score of at least 80 points in the ASEAN Corporate Governance Scorecard (ACGS). The ACGS evaluates companies based on their facilitation of shareholders' rights and equitable treatment, their relationship with various stakeholders, and their commitment to transparency and accountability through timely disclosure of material information. Additionally, it assesses how the board strategically guides the company, monitors management, and ensures accountability to both the company and its shareholders.

Sun Life Grepa partners with PTC Insures to deliver comprehensive insurance solutions to GMPs

Sealing an agreement to serve global maritime professionals are Sun Life Grepa President Richard S. Lim (3rd from left) and PTC Insures President Jaime Miguel G. de Sequera (3rd from right). They are flanked by (left to right) Marge Estrera, Sun Life Grepa Affinity Sales Head; Joen Songco, Vice President of Sun Life Grepa Affinity; Rolly Palad, PTC Insures General Manager; and Michael Eugene Lotho, PTC Holdings Financial Service Director.

Sun Life Grepa Financial, Inc. (Sun Life Grepa), a joint venture between Sun Life Philippines and the Yuchengco Group of Companies, recently sealed a strategic partnership with PTC Insurance Inc. (PTC Insures), a member of the Philippine Transmarine Carriers, Inc. (PTCI) Group, to offer affordable life insurance solutions exclusively for Global Maritime Professionals (GMPs).

Here’s a fund from Pru Life UK capitalising on global technology trends

In an era where technology is driving innovation and transforming industries globally, Pru Life UK introduces the PRULink Global Tech Navigator Fund (the “Fund”), offering Filipino investors a unique opportunity to capitalise on the dynamic growth of the global tech sector.

The global tech sector is poised to close 2024 with solid earnings, driven by AI enhancements boosting demand for software, semiconductors, electronics, e-commerce, and more tech advancements.

Available as a fund option within Pru Life UK’s investment-linked insurance products, the PRULink Global Tech Navigator Fund is designed to keep a pulse on key tech trends across the globe, with potential to deliver high returns for investors.

Simplifying success: PSBank celebrates 64 years of excellence by helping Filipinos realize their financial goals

Philippine Savings Bank (PSBank) marks its 64th anniversary with a continued commitment to delivering simple, reliable, and innovative banking services that help Filipinos achieve their financial goals, from growing their hard-earned money, to homeownership, vehicle financing, and more. 

A Legacy of Financial Growth

PSBank’s sustained financial growth is fueled by strong loan demand and a customer-focused approach. In 2023, the bank achieved a record-high net income of PhP 4.53 billion, a 23% increase from the previous year. The first half of 2024 saw continued success, with net income reaching PhP 2.56 billion. PSBank stands as the leading thrift bank in the Philippines in terms of total assets as of end-March 2024, further cementing its strong position in the consumer banking sector and maintaining leadership in the auto loan market among local thrift banks.