AIA Singapore unveils wealth centre at Six Battery Road

Clients can access a panel of experts in legal, tax, and trusts.

AIA Singapore has unveiled a wealth centre and announced its goal of becoming a top insurer in the wealth segment.

The AIA Wealth Centre, located at Six Battery Road, aims to serve regional and domestic affluent high net worth (HNW) individuals and their families. Clients can access a specialised panel of experts on areas such as legal, tax and trusts, alongside traditional wealth preservation and accumulation consultation.

The move comes as Asia’s affluent population is expected to grow 61% to 28.2 million people by 2026, compared at just 17.5 million in 2021.

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Singapore alone is expected to have 592,000 of HNW individuals in two years’ time.

Asia and especially Singapore is also experience growth in family offices. Between 2020 and 2022, Singapore saw its population of family offices grow from 400 to 1,100.