NTUC Income to double its licensed financial advisers

NTUC Income chief executive Andrew Yeo, 49, says the insurer found that young people appreciate lower barriers to buy insurance, and it is addressing this through a wider array of micro and subscription-based products.

Insurer NTUC Income plans to double its licensed financial advisers in the next few years, as part of a broader effort to transform the business and reach out to younger customers.

Chief executive Andrew Yeo, 49, told The Straits Times this month that many young clients knew about Income through their parents, who buy insurance for them.

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