Teaching workers to be money savvy

This article was first published in the Straits Times Recruit on 19 May 2009. Offering financial advice as an employee benefit is important in good times and bad. While the Jobs Credit Scheme is likely to reduce the number of retrenchments expected, downsizing will, unfortunately, still be unavoidable for some companies in......

Seeing through the hocus bogus

This article was first published in the April 2009 issue of Smart Investor magazine. The global financial crisis uncovered Bernard Madoff and R. Allen Stanford for fraudulent financial operations – highlighting the possibility of other scam opportunists who will try to take advantage of desperate investors during this bleak period. With......

Don’t Monkey Around With the Lack of Insurance

There was a case of a 26-year-old undergraduate who met a car accident after a pair of monkeys leapt in front of his vehicle (“Undergrad suffers brain injury after monkeys cause crash”, Sunday Times, 1 Oct 2006) According to the newspaper report, his brain injury exceeded $40,000 in hospitalization expenses.......

Don’t be deceived by the “hold to maturity”

There has been a number of structured products that which have lost significant amount in value. Some of these structured products were sold by banks, some by fund houses and others by insurers as single premium ILPs. There are also some sold by FA representatives as introducers. Many of these......