Time for action on insurance investment-linked products

The best news heard last week is that our securities watchdog will look into the regulation of investment-linked insurance products - a good move that should have come earlier. But it is still not too late.

Securities and Futures Commission chairman Carlson Tong Ka-shing said the regulator was talking to the government on how to tighten controls over these products, which, despite their name, were more like investment products.

via Business feed http://www.scmp.com/business/article/1158640/time-action-insurance-investment-linked-products