All Entries in the "Financial Planning" Category

Take 5 Minute Quiz & Win iPod Touch 8GB & Asus Eee

Have you heard of IM$avvy, recently heavily promoted in channel 8.  It is a website specially setup by CPF Board and MoneySENSE for Singaporean, to increase their general knowledge about financial planning and products. This is a great information website as most Singaporean are still lacking proper financial planning knowledge and advises.
Currently IM$savvy is running [...]

What Are Annuities?

What is Annuity?
An Annuity is a contract that provides a guaranteed income to the annuitant for life (or a shorter specific period) with income payments made annually, semi-annually quarterly or monthly.
Annuities have sometime been described as the opposite of life insurance because life insurance provides protection against someone dying too soon, annuities provide protection against [...]

The Retirement Planning Process

The Retirement planning process is made up of 6 steps:

Establish Goals
Gathering Relevant Data
Analysing The Data
Developing a Plan
Implementing The Plan
Monitoring The Plan

Let me bring you through the steps and explain how I usually use these steps to help my clients customize their retirement plan.
Step 1 - Establish Goals
Client’s goals vary significantly depending on many factors including [...]

Type of Assumptions Used For Retirement Planning

In retirement planning, there are a number of assumptions that I will  needs to take into consideration as these assumptions will have an impact on the final plan to be recommended to my clients. The assumptions can be grouped into two categories: Qualitative Assumptions & Quantitative Assumptions
Qualitative Assumptions
Qualitative assumptions refer to the type of lifestyle [...]

NTUC New Product Launch: VivoLife Live life to the fullest!

Just came back from NTUC Kick Start & product launch seminar for all independent IFA at Vivo City. The event was held in Vivo City Golden Village Grand Cinema which can host 700 financial advisers from varies financial advisory institution.
In the opening address, Mr Tan Suee Chieh the Chief Executive of NUTC address the large [...]

Tips on Investing Your CPF Monies

Tips on Investing Your CPF Monies From CPF Board Website

Get fast cash, high returns with CPF savings tricks?
DO NOT INVEST BASED ON PROMISES OF QUICK AND ATTRACTIVE RETURNS ALONE
You may have heard of offers of quick and attractive returns when you invest your CPF savings. Be careful not to invest your CPF savings based on [...]

Alert from CPFB-Get fast cash, high returns with CPF savings?

Alert from CPFB-Get fast cash, high returns with CPF savings?
Dear Sir/Madam,
Be careful! Do not invest based on promises of quick and attractive returns alone.
You are advised to ignore advertisements which tout conversion of CPF into cash. You should invest prudently and consider the suitability of the products according to your own risk appetite and investment [...]