Sunday, February 27, 2011

Financial products that rip-off consumers

It is easy for consumers to be rip-off by bad financial products. Sometimes, the young people who sell the products are themselves not aware that they are selling products that were designed to cheat consumers. To avoid being rip-off, read this artcile in  TKLwebsite -Latest or click here.

Read SGEP daily

You can get an interesting collection of news from the international media, local media and blogs on the issues affecting the general election in Singapore. There are about 10 new postings each day. Most of the postings are summaries ,but lead you to the source where you can read the full report. Go to SGEP-Latest. Bookmark it for your daily reading. It takes only 5 minutes to get a feel of all the news.

Read the latest SGEP editorial.

Allow professional bodies to set fee guidelines

Published in Today Paper

From time to time, we read about excessive charges by professionals for legal, medical and other services that are levied on consumers. While some cases have been brought to the public's knowledge, I wonder how many other cases do not come to light.

We have now come to a stage where professionals appear to be free to charge what they like in a deregulated, free-market environment. How can consumers know what are reasonable charges and how they are protected?


I urge the Competition Commission to review its stand against professional bodies setting guidelines on professional fees. These guidelines allow consumers to know what the reasonable charges are and still negotiate with the providers for lower fees. The publication of guidelines by professional bodies should be allowed, so long as it is not mandatory on the professionals.


They also allow newly established firms to convince clients they are charging lower fees, as their charges can be compared against the guidelines. This will help the cause of free competition, for the benefit of consumers and ethical professionals. 

Letter from Tan Kin Lian

Paying for old age

The New York Times published this article about life annuity guaranteed by the state. In Singapore, the CPF Life operates along the same line, although there is no explicit inflation link. But, most people hate CPF Life because they do not trust the government. It is quite sad.

Judicial Separation in Ireland-Grounds for Judicial Separation | BusinessAndLegal.ie

There are now two ways to legally end a marriage in Ireland-divorce and judicial separation. The Judicial Separation and Family Law Reform Act 1989 gives the Court wide discretion to make orders in relation to the granting of a decree of judicial separation.

Family Law | Family Law in Ireland | BusinessAndLegal.ie

Family law solicitors have a huge area of issues to deal with on behalf of clients such as

  • Nullity and void marriages
  • Separation agreements
  • Judicial separation and divorce
  • Maintenance
  • Pension adjustment orders and pensions generally in separation and divorce
  • Ancillary orders and other reliefs to be  pursued on divorce and judicial separation
  • Domestic violence
  • Foreign divorce decrees
  • Domestic violence
  • The non marital family
  • Civil Partnership and Certain Rights and Obligations of Cohabitants Act 2010 which was signed into law in 2010
  • Child law including guardianship, access and custody
  • The tax implications of marriages breaking up
  • Adoption
  • The non-marital family
  • Child abduction
  • Judicial separation and separation agreements

As can be seen from the above getting a good family law solicitor is critically important to a successful outcome in your family law difficulties.

Family law solicitors in Ireland

Generally family law solicitors in Ireland need to take a slightly different approach to legal disputes where the need to consider the interests of the child or children involved needs to be considered to a greater extent than might normally be the case in a litigation matter.