CLPC eager to diversify annuity product range
The subsidiary of China Life Insurance may develop enterprise annuity products with guaranteed pay-out options after going live with a new investment management system.
China Life Pension Company (CLPC) says it might look to diversify its enterprise annuity product range after going live with a new third-party investment management system.
Yong Wang, head of IT at the $4 billion subsidiary of China Life Insurance, says it may consider developing enterprise annuity products with guaranteed pay-out options now that it has a fully fledged trading and execution capability.
Last week CLPC went live with an investment management solution provided by …
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