Hi Mr. Tan,
http://www.todayonline.com/Singapore/EDC100611-0000267/Investors-call-for-regulation-of-land-banking
Quote:
Ex-NTUC Income chief executive Tan Kin Lian, who has blogged extensively about land banking, told MediaCorp that any product sold as an investment should be regulated - especially if it is advertised through the media to the general public.
Unquote
HL
Thursday, June 10, 2010
Singapore Property Market
Land banking - Gathering at Hong Lim Park, 12 June 9.30 am
Countdown for tomorrow ....
The time of the gathering (for land banking investors) has been changed to 9.30 am on Saturday 12 June.
Agenda:
09.30am - 10.00am: Registration and Networking
10.00am - 10.15am: Start of presentation: Short Intro on the aims and purpose of our actions
10.15am - 11.00am: Talk by Guest Speaker, Mr Tan Kin Lian
11.00am - 11.15am: FAQs between Audience and Mr Tan
11.15am - 11.30am: Signing of Petition for Regulatory Action
11.30am - 12noon: Drinks
The time of the gathering (for land banking investors) has been changed to 9.30 am on Saturday 12 June.
Agenda:
09.30am - 10.00am: Registration and Networking
10.00am - 10.15am: Start of presentation: Short Intro on the aims and purpose of our actions
10.15am - 11.00am: Talk by Guest Speaker, Mr Tan Kin Lian
11.00am - 11.15am: FAQs between Audience and Mr Tan
11.15am - 11.30am: Signing of Petition for Regulatory Action
11.30am - 12noon: Drinks
Hottest issues in Singapore
What are the hottest issues in Singapore to be faced in the coming general election? Based on the first 100 people who replied to my survey (with each respondent choosing up to 3 issues), the ranking of the issues is:
Rising cost of living and stagnant income - 74%
Too many foreigners in Singapore - 68%
High cost of HDB Flats - 60%
High salaries of ministers - 54%
Rising unemployment of PMETs and no retrenchment benefits - 36%
Unemployment of older workers 25%
Low wages (no minimum wage) - 25%
High GST and levies - 24%
Unemployment (of PMET, older workers) and low wages have now become "hotter" than GST and levies.
Tan Kin Lian
Rising cost of living and stagnant income - 74%
Too many foreigners in Singapore - 68%
High cost of HDB Flats - 60%
High salaries of ministers - 54%
Rising unemployment of PMETs and no retrenchment benefits - 36%
Unemployment of older workers 25%
Low wages (no minimum wage) - 25%
High GST and levies - 24%
Unemployment (of PMET, older workers) and low wages have now become "hotter" than GST and levies.
Tan Kin Lian
Effect of deduction and distribution cost
Dear Mr Tan,
My mother just bought a Whole Life insurance that is payable for 24 years. She also tag on a Critical Illness rider.
After reading your numerous posts on how expensive life policies are, I would like to seek your comments on the benefit illustration given to my mother. She is currently still in the 14-days free-look period.
REPLY
The benefit illustration shows that the distribution cost is almost two years of premium and the effect of deduction is more than 40% of the value of accumulated premium. They are both too high, giving poor value to the policyholder.
Please read my book, Practical Guide on Financial Planning to understand these two important measures.
The book provides the benchmark on what is an acceptable level for the effect of deduction for various durations of the policy. You can buy the book at www.easysearch.sg/ishop
.
My mother just bought a Whole Life insurance that is payable for 24 years. She also tag on a Critical Illness rider.
After reading your numerous posts on how expensive life policies are, I would like to seek your comments on the benefit illustration given to my mother. She is currently still in the 14-days free-look period.
REPLY
The benefit illustration shows that the distribution cost is almost two years of premium and the effect of deduction is more than 40% of the value of accumulated premium. They are both too high, giving poor value to the policyholder.
Please read my book, Practical Guide on Financial Planning to understand these two important measures.
The book provides the benchmark on what is an acceptable level for the effect of deduction for various durations of the policy. You can buy the book at www.easysearch.sg/ishop
.
Learning Chinese
Hi Tan,
I know this email is out of the blue, but I just posted an article on my blog entitled “100 Useful Tools to Teach Your Child Chinese” http://www.universityreviewsonline.com/2005/10/100-useful-tools-to-teach-your-child-chinese.html. Anyway I figured I’d bring it to your attention in case you thought it interesting enough to drop a quick mention on your site about it as I’m trying to increase readership of my blog.
Samantha Miller
I know this email is out of the blue, but I just posted an article on my blog entitled “100 Useful Tools to Teach Your Child Chinese” http://www.universityreviewsonline.com/2005/10/100-useful-tools-to-teach-your-child-chinese.html. Anyway I figured I’d bring it to your attention in case you thought it interesting enough to drop a quick mention on your site about it as I’m trying to increase readership of my blog.
Samantha Miller
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