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Insto roundup: Insurers to get go-ahead to buy China rivals; Temasek sells company stakes

Australia's Hesta appoints head of strategic tilting; China's pension payment exemptions store bigger problems for future; foreign life insurers to be allowed to acquire local China rivals; Prudential Financial sells Korean unit to KB Financial; GIC consortium in terms to buy Abu Dhabi gas pipelines for up to $15bn, Temasek sells company stakes for funds and more.
Insto roundup: Insurers to get go-ahead to buy China rivals; Temasek sells company stakes

AUSTRALIA 

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