Saturday, February 12, 2011

Sites that answer your money questions

Here are some websites that have FAQ on money issues or an expert who will answer your question. In the future, this type of information will be available to FISCA members only - after the login to the FISCA website.


Ask Mr. Tan
http://tankinlian.com/admin/file.aspx?id=399

Poor yield on Vivo-life

This case study shows the low yield on the Vivolife policy. The reduction in the yield is too high.  The insurance agent sells this policy on the point that the policyholder needs to pay premium for a limited period, but does not explain that the deductions are too high, giving a poor yield.


Ask Mr. Tan
http://tankinlian.com/admin/file.aspx?id=398

This is an example of the evaluation of financial products that will be available exclusively for FISCA members after the new website is launched in March 2011. There will be many examples of life insurance policies, structured products and bonds. We will build up a databank of more than 100 evaluations within a year, I encourage consumers to wait until March to join FISCA, as we are now busy in revamping the website .

Tan Kin Lian




FISCA Talk on Financial Planning

FISCA is organizing a talk on financial planning on 28 February 2011.  Register at www.fisca.sg/events
Attendees can buy the following books at up to 50% discount. Orders have to be submitted in advance to kinlian@gmail.com.