FTLife Empowers Individuals with Comprehensive Life Planning Services

FTLife understands that life is full of uncertainties, which is why they offer comprehensive life planning services to empower individuals.

Their services are designed to meet the diverse needs of their clients, covering various aspects of life.

With FTLife, you can rest assured that your financial well-being is taken care of, whether it's planning for retirement or securing your loved ones' financial future.

Their expert advisors will work closely with you to create a personalized plan tailored to your unique needs and goals.

A unique perspective: La Trobe Financial

At FTLife, they have a team of highly trained professionals called Life Artisans, who are equipped with the skills and knowledge to provide top-notch solutions.

These Life Artisans have undergone rigorous development programmes, such as the LEAP & Beyond Entrepreneurship Development Programme and the KU POWER, to ensure they're always up-to-date with the latest industry trends and best practices.

Their expertise is further enhanced by leveraging cutting-edge technologies, including the AI Drill artificial intelligence training platform, the metaverse, and virtual reality (VR).

FTLife is a company that's been making waves in the insurance industry, especially in Hong Kong. FTLife CEO Gerard Yang is proud to announce that Hongkongers can now live up to 82 years for men and 88 years for women, making the city top the life expectancy rankings worldwide.

The company has been working hard to provide its customers with the best services, from saving for retirement to handing down wealth. FTLife's new 'IncomePro' Annuity Plan offers an additional annuity option in the private market, while the single premium plan provides a more flexible solution for savings and retirement planning.

Here are some key features of FTLife's annuity plans:

FTLife Insurance Company offers a range of insurance plans to suit different needs, including life insurance, medical insurance, accidental protection, investment insurance, and savings plans.

Their services cater to both individual and institutional clients, providing a one-stop solution for insurance and investment needs.

Check this out: Whole Life Insurance as Investment

FTLife Insurance Company provides insurance plans and MPF services, making it a comprehensive insurance provider.

Their insurance plans are designed to provide financial protection and security to clients, helping them achieve their long-term goals.

FTLife's insurance plans are tailored to meet the specific needs of individual and institutional clients, offering flexibility and customization options.

NWS Holdings completed its acquisition of FTLife Insurance on November 1, 2019, which is in line with its initial guidance. This acquisition removes any overhang and is expected to provide re-rating momentum for NWS.

The acquisition is expected to immediately lift NWS's earnings, with FTLife's net income of HK$1,228mn in 2018 equivalent to 32% of NWS's old forecast of FY20E shareholders' profit.

NWS's net gearing rose from zero to 31% post-acquisition, still under management's target of less than 35%. This suggests that NWS can continue to support its progressive dividend policy.

The acquisition is a significant step towards NWS's earnings recovery, which will be given a strong boost by FTLife. This is expected to lead to a 14% lift in NWS's EPS in FY20E and a 25% lift in FY21E.

NWS's management has stated that it expects to deliver its progressive dividend policy, which was announced in September 2019. This is a positive sign for NWS's investors.