The Most Overlooked Insurance

The Most Overlooked Insurance

When it comes to insurance, most people are familiar with the standard benefits like death, critical illnesses (e.g. cancer, heart attack) and hospitalisation. Yes, these are indeed important life risks that we ought to insure against. The financial impact can be disastrous if we die too early, not leaving enough for dependants’ living expenses or […]

Financial Planning for the Merdeka Generation (Part 1)

Financial Planning for the Merdeka Generation (Part 1)

We all know someone from the Merdeka Generation perhaps a parent, neighbour, colleague or even yourself. Born in the 1950s, each has a story to tell, stories of how one lived through the independence struggle of the nation, joined the workforce early and experienced serving National Service as one of the earliest batches. These are […]

Best SRS-Approved Single Premium Plans

Best SRS-Approved Single Premium Plans

In our previous article, we shared a simple guide of how you can identify types of products to suit your retirement needs. In this final part of our focus on the Supplementary Retirement Scheme (SRS), we compare available products. Scenario 1: If you are looking for a product that pays a stream of income for […]

Here’s How to Use Your Funds in the SRS

Here’s How to Use Your Funds in the SRS

This article is a continuation of our earlier piece on how to save on taxes using SRS. Funds in the Supplementary Retirement Scheme (SRS) can be invested into a wide range of instruments such as shares, unit trusts, insurance, bonds and fixed deposits. Or you can simply leave your SRS monies in cash, which is […]

Compare & Save on Life Insurance and Key Differences of Direct Purchase Insurance (DPI)

Compare & Save on Life Insurance and Key Differences of Direct Purchase Insurance (DPI)

Under the Financial Advisory Industry Review (FAIR) by the Monetary Authority of Singapore (MAS), the MAS has launched initiatives to create a more competitive market for insurance products and empower consumers to make informed decisions through better access to information. The launch of web aggregators allows consumers to compare the premiums and features of life […]