Insurer Income sets up new entity in financial advisory arm race

Q: How long will it take to read this news story?

The story "Insurer Income sets up new entity in financial advisory arm race" has 779 words across 36 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Insurer Income sets up new entity in financial advisory arm race" was covered 1 days ago by The Straits Times, a news publisher based in Singapore.

Q: How trustworthy is 'The Straits Times' news outlet?

The Straits Times is a fully independent (privately-owned) news outlet established in 1845 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 19 news stories per day. It's most recent story was published 40 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24351383</li><li>URL: https://beamstart.com/news/insurer-income-sets-up-new-17339108146188</li></ul>

The Straits Times 1d ago

Insurer Income sets up new entity in financial advisory arm race - The Straits Times

Quick Summary:

Income is looking to be a business partner to those who want to start their own financial advisory firms.

An industry veteran, who has seen many rounds of poaching over the years, said that the norm for buyout packages is 150 per cent or so and that if it goes past that, it would not be sustainable.

While recruitment or poaching in the industry is nothing out of the ordinary, the possible carrots dangled at potential candidates, typically insurance agents and agency leaders, are making some uncomfortable.