Sebi's latest proposals to segregate advice and product distribution indicate a marked shift in thinking and plugs loopholes that were to the detriment of investors, said experts.
The CEO of Polaris argues artificial intelligence will replace human advisers in financial planning, breaking from the consensus view that a hybrid model will prevail.
The bank's Hong Kong head of investment product and advisory outlines how it is looking to encourage clients to make greater use of funds and discretionary management.
Hence the Swiss bank is focusing on onshore partnerships and discretionary portfolio management, says Jean-Louis Nakamura, Asia-Pacific chief investment officer.
The firm will add around 20 staff for its new 'smart' wealth management offering as it builds out its digital platform, says Chang Linyun, deputy head of WM at UBS in Taiwan.