How Do You Envision Your Dream Retirement?
How Do You Envision Your Dream Retirement? Jetsetting around the world? Doing more charity work? Pursuing a hobby? Or continuing to work on a part time basis because you are passionate about what you do? What have you put in place to achieve your dream retirement? Do you have a safe and solid foundation? How […]
Singaporeans are Critically Lacking in Critical Illness Protection. Are you one of them?
Singaporeans are Critically Lacking in Critical Illness Protection. Are you one of them? The Straits Times article published on 27 April 2018 “Singaporeans Lack Critical Illness Insurance Cover: Study” revealed that people here have a huge shortfall in their critical illness protection. The policies they own can meet only 20% of their needs, if a […]
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 faces when I […]
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. […]
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 […]
One More Reason Why You Need Disability Income Insurance
One More Reason Why You Need Disability Income Insurance As I have shared with you in my earlier post, claiming from Disability Income Insurance (DII) is less stringent than from a plan with a Total and Permanent Disability (TPD) definition (loss of use or physical severance). What you may not know is this – there are conditions […]
Disability Income Insurance in Singapore
Disability Income Insurance in Singapore 9 out of 10 people I speak to have not heard about Disability Income Insurance (DII). They assume that Total and Permanent Disability (TPD), which almost all of them have in their life coverage, is the blanket disability definition across all life insurance products. But they are wrong. Many folks have different enhancements […]
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 […]
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 […]
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 […]