Notice Regarding the Transfer of SLFA Client Contracts to Phillip Securities

Sony Life Financial Advisers Pte. Ltd. (“SLFA”) and Phillip Securities Pte Ltd (“Phillip Securities”) have entered into an agreement for the transfer by SLFA of its business contracts and customers to Phillip Securities (the “Transfer”).

The Transfer is expected to be completed by 1^st October 2025. There will not be any changes to the terms and conditions of the insurance policies of SLFA’s clients as a result of the Transfer. Any new service entity introduced following the Transfer will be subjected to the insurance company’s approval.

Phillip Securities brings with it the expertise, infrastructure, and accessibility to a broader range of financial solutions and investments products. We are confident that Phillip Securities will continue to provide our customers with the same level of dedicated, high-quality service that SLFA has always strived to deliver.

SLFA’s relationship mangers will remain available to support our customers, including communication in Japanese, throughout the transition until further notice.

A separate, detailed notification will be sent to customers who are directly affected by the Transfer.

Upon completion of the Transfer, SLFA will be wound up in accordance with applicable laws and regulations.

About PhillipCapital

Since its inception as a stockbroker (Phillip Securities) in 1975, PhillipCapital has grown into an integrated Asian financial house with a global presence and offers a full range of quality and innovative services to retail and high net worth individuals, family offices, as well as corporate and institutional customers.  

PhillipCapital offers a comprehensive suite of financial products and services includes broking in securities, futures, foreign exchange, bonds, precious metals and commodities, unit trusts, contracts for difference, exchange traded funds, fund management, managed accounts, insurance planning, regular savings plan, investment research, equity financing and property consultancy. Institutions can also benefit from our corporate finance and advisory services as well as information technology solutions.

Today, the company headquartered in Singapore, operates in the financial hubs of 15 locations including Australia, Cambodia, China (and Hong Kong SAR), India, Indonesia, Japan, Malaysia, Singapore, Thailand, Turkey, UK, UAE, USA and Vietnam, serving over 1.5 million clients with Assets Under Custody exceeding US$65 billion.

 --------------------------------------------------------------------------------Ends--------------------------------------------------------------------------------------------