ipac opens for business in Hong Kong

ipac, the largest financial planning company in Asia Pacific, has officially launched in Hong Kong.

Australian financial planner ipac has officially launched its Hong Kong operations. The company, which was acquired by AXA last year, has also recently opened an office in Singapore. Asia Pacific's largest financial planner, with $4.6 billion of funds under advice, ipac is head quartered in Sydney with offices in eight countries around the world. It also has offices in Taipei and Manila.

The firm believes that people will increasingly turn to professional advisors for investment advice. The introduction of the Mandatory Provident Fund scheme has also raised awareness for the need to make proper provisions for retirement. Arun Abey, executive chairman and one of the founding directors, says that he can see financial...

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