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Singapore's life insurance industry sees new sales surge 29% in Q1 to $1.25 billion

The Straits Times
Singapore s life insurance industry sees new sales surge 29% in Q1 to $1.25 billion
New policies bought online grew to 88,565 in the first quarter of 2021 compared with just 4,662 the year before.PHOTO: ST FILE
Michelle Zhu
https://str.sg/JtCw
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How Regulation Is Driving Down Mutual Fund Costs Around the World

Disclosure requirements and regulation of mutual fund costs are powerful tools for regulators.
Grant Kennaway, Morningstar Australasia Pty Ltd., and Christina West, Morningstar Research Services LLC
Feb 18, 2020
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Regulation is one of the key drivers of increasingly low mutual fund fees around the world, as identified in the Fees and Expenses chapter of Morningstar’s latest Global Investor Experience Study, or GIE. While other drivers of lower fees include investor awareness, competition, and the growth of passive products, regulation is the most powerful top-down driver that can lead to rapid and material investor benefits.
Regulators employ two main tactics to ensure that fees are competitive and proportionate to the value that investors derive. The most prevalent, which we explore below, are disclosure requirements and specifications around what and how mutual fund costs can be charged. ....

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