Monday, September 27, 2010

Corporate Manual Portal

The Corporate Manual Portal is now launched. It can be accessed at the Easysearch portal, www.easysearch.sg.

The home page gives instructions of how you can access the Demonstration Company, by entering the user ID (DC0, DC1, DC2, DC3). The password is 123456.

The Guide can be found here.

Rebuild the trust in life insurance companies

Dear Mr. Tan,
Are you afraid about offending the insurance companies and their agents by talking about life insurance policies that take away too much of the savings? I know that certain people are monitoring your blog.

REPLY
I intend that the messages in my blog go to the top managers and agents of the life insurance companies. I hope that they will be educated about the fine line between making an honest profit and cheating their policyholders. If they know the difference, perhaps they will introduce new insurance plans that give a better deal to their policyholders, rather than surreptitiously take away too much. It is important that life insurance companies uphold the image that they can be trusted to take care of their policyholders.

Ranking of Nanyang Technological University

Survey: If you have any views about the reason for the drop in ranking, please reply in this survey.


Dear Mr. Tan
Would you like to conduct a survey on NTU’s dramatic drop in university ranking? The following questions may be asked.
1) Who caused the dramatic drop in ranking
a) The management
b) The academic staff
c) The non-academic staff
d) The students


2) What can be done about it?

REPLY
According to the newspaper report, the drop in ranking is due to the change in criteria. Perhaps, there are some internal factors in the university that may account for the ranking. Let me invite views from readers of my blog.

Half truths about Life Insurance [2]

An insurance agent is highly trained to use emotional and other reasons to persuade a consumer to buy a life insurance policy that gives a poor yield for the years of savings. Some of these reasons are half truths. Be aware about these half truths. Search for "half truths" in www.tankinlian.com/ask.aspx.

Whole life policy with multiple benefit coverage

An insurance company may introduce a new policy with special features, but the consumer should not be distracted by these frills that they overlook the high cost of the main policy (as reflected by the high deduction from the accumulated premiums).

Dr. Balaji

Letter from the Prime Minister

I send my personal condolence to the family of Dr. S Balaji.
Tan Kin Lian

Activate a credit card

I received a new POSB credit card to replace the previous card. The mailer asked me to "Activate the card immediately". I search for instructions in the mailer on how to activate the card. There was no such instruction. Why does a bank give instructions that are confusing to the customers?