AXA Hong Kong and Macau ( AXA ) has launched the WealthAhead II Savings Insurance Series, which the company says, “aims to strengthen wealth management, allocation and succession by supporting customers to grow their wealth efficiently with enhanced liquidity”.

The series introduces the market-first Wealth Master Service, enabling customers to pre-set periodic withdrawal instructions to build cash flows for up to three designated recipients.

Additionally, the series incorporates trust-like features, such as the Heritage Protector Option, which allows customers to pre-set succession events, including death or incapacitation, specify the designated age for inheritance, as well as, appoint contingent owner and interim owner, ensuring secure and smooth wealth across generations.

Three key highlights of the series are:

• Multi-currency options to capture global opportunities with flexible convertibility and gain lock-in
• Flexible wealth management with personalized wealth allocation
• Steady wealth accumulation across generations ensuring seamless wealth transfer.

“Today’s wealth management needs extend beyond simple savings or high returns,” states Janet Lee, the company’s chief life and health insurance officer. “Customers are seeking holistic solutions that encompass asset accumulation, liquidity management, legacy planning and strategic wealth distribution across different life stages.

“In response, [this series…] empowers customers to manage their wealth with greater flexibility, enabling them to plan effectively for wealth transition and succession, achieving their financial goals while meeting wealth distribution needs throughout every stage of life.”