Departure of 244 agents 'a long time coming', says defence lawyer

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THE departure of 244 agents and agency leaders from Prudential Assurance Company Singapore in 2016 was 'a long time coming', with a cost-cutting exercise by the life insurer adding to unhappiness, the High Court heard on Friday. Read more at The Business Times.

Defence says that 1,137 people left Prudential in 2016, a record number even if the 244 defecting agency leaders and agents were excluded; cost-cutting by life insurer added to unhappinessPrudential's former top agency manager Peter Tan is being sued for allegedly instigating a mass

defection to rival insurer Aviva Financial Advisers in mid-2016.THE departure of 244 agents and agency leaders from Prudential Assurance Company Singapore in 2016 was"a long time coming", with a cost-cutting exercise by the life insurer adding to unhappiness, the High Court heard on Friday.

 

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