9 Ways To Tackle Inflation
9 Ways To Tackle Inflation Though the statistics for November 2017 Consumer Price Index reports inflation at less than 2% (source: Singapore Department of Statistics), inflation is here to stay and it has a direct impact on our purchasing power and hence, our current and future lifestyle. Singaporeans who are uncomfortable taking financial risks and […]
A Lasting Power of Attorney Can Save Much Agony
A Lasting Power of Attorney Can Save Much Agony Wealth distribution (Estate Planning) is an important component of comprehensive financial planning. The intentions of how one’s assets are to be distributed are captured in legal structures like Wills and Trusts. In addition, I would advise clients to consider putting in place a Lasting Power of […]
What Can Singapore Do to Improve the Financial Literacy of Its People?
What Can Singapore Do to Improve the Financial Literacy of Its People? Just thought of sharing with you that my ideas on a subject I am passionate about have been published in the Straits Times on May 7, 2015 on page 29. Here’s a copy of my write-up as it appeared in the newspaper. I […]
Is Maternity or Pregnancy Insurance Necessary for You?
Is Maternity or Pregnancy Insurance Necessary for You? Many newly wedded women are still new to the idea of maternity or pregnancy insurance. A good number of women who are already pregnant also do not give much attention to this type of protection. The cost of not being informed can be great, especially, when things […]
The Top 4 Priorities in Every Single Woman’s Financial Planning
The Top 4 Priorities in Every Single Woman’s Financial Planning In my decade long experience as a comprehensive financial planner, I have had the privilege to serve a number of single women professionals who are highly driven and successful in their careers. I have come to appreciate the fact that single women have needs, financial […]
Financial Planning for Women in Singapore
Financial Planning for Women in Singapore The Straits Times article “Why Women Need to Focus on Financial Planning” published on March 4, 2018 reiterated how important it is for us women, whether single or married, younger or older, to be in charge of our own finances. Budgeting, cash flow management, retirement planning, being adequately protected […]
Investment Linked Products (ILP) in Singapore – A Ticking Time Bomb!
Investment-Linked Insurance Plan: A Ticking Time Bomb! The Straits Times article “Insurance ‘Time-bomb’ Set To Explode, Investment-linked Policies Incur Rising Costs Which Buyers May Not Be Aware Of” published on February 12, 2005 never quite left my mind. The headlines immediately caught my eyes back then, before I entered the Independent Financial Advisory (IFA) industry. […]
ILPs and Escalating Insurance Charges
ILPs and Escalating Insurance Charges I have a handful of clients whom have bought regular premium Investment-Linked Insurance Policies (ILPs). All of them are unaware of the escalating insurance (or mortality) charges as they have never been informed of these charges when they were sold the plans. So, you can imagine the disbelief on their […]
Gift Yourself A Year-End Financial Checkup
Gift Yourself A Year-End Financial Health Check-Up As we start to get busy with the festive preparation, it can be tough to find time to organize and review your financial life. But if not now, then when? It may seem easier to postpone it till the first quarter of the New Year, but your financial […]
Women and Financial Planning: 4 Steps To Mitigate Caregiving Risk
Women and Financial Planning: 4 Steps To Mitigate Caregiving Risk In the past twelve months, I came to know of 4 families who have ailing parents. A common issue faced by the families was who should be the primary care giver and how the financial burden ought to be divided amongst the siblings. The last […]