Contributed by Tan Siak Lim, Financial Advisory Director, Financial Alliance Pte Ltd
(The contributor can be contacted at siaklim@fapl.sg)
All along, there have been 2 camps of financial consultants arguing for their opposing cases.
The larger group of traditional insurance agents usually argue that whole life insurance is superior, whereas a smaller “new age” kind of consultants would argue that term insurance is the best solution for ALL situations.
Contributed by Grace Ang, Financial Advisory Manager, Financial Alliance Pte Ltd
(The contributor can be contacted at graceang@fapl.sg)
The research report on “What older people need in Singapore: A household budgets study” was released in May 2019. It has derived a budget of $1,379 per month for a single elderly to meet the basic standard of living. This generated much interest and discussions, especially on whether $1,379 per month is sufficient for one to live on during retirement.
I would like to share some of my thoughts.
Contributed by Kenny Loh, Senior Consultant & REITs Specialist, Financial Alliance Pte Ltd
(The contributor can be contacted at kennyloh@fapl.sg)
A real estate investment trust (“REIT”) is a popular asset class among income seeking investors due to its regular dividend payouts. However, there are pains unknown to most investors that are seldom shared by speakers in public seminars.
The following 4 pains are the common issues constantly faced by REITs investors throughout their whole REIT investing journey.
Contributed by MK Chan, Corporate Development Director, Financial Alliance Pte Ltd
(The contributor can be contacted at mkchan@fa.sg)
Do you want your financial consultant to listen to you and understand your goals and situation?
Do you want to have your problems solved by solutions that are relevant and reassuring to you?
If you said, “Yes”, you are in good company. Generally, as clients, individuals and businesses would answer the same way. So would we at Financial Alliance.
Contributed by Michelle Ee, Wealth Management Director, Financial Alliance Pte Ltd
(The contributor can be contacted at michelleee@fa.sg)
If you are over age 40 and own a few life insurance policies, I am sure at least one of them is a whole life plan. Will you buy more whole life plans?
by MK Chan,Corporate Development Director, Financial Alliance Pte Ltd
(The contributor can be contacted at mkchan@fa.sg)
Financial Alliance and our financial consultants emerged winners at the FPAS Financial Planner Awards 2019, picking up 7 trophies at the gala dinner on 5 April 2019.
Contributed by Poh Liang Siah,Financial Advisory Manager, Financial Alliance Pte Ltd
(The contributor can be contacted at liangsiah@fapl.sg)
Author’s Disclaimer: My comments are based on my recent personal experience of being an executor for a deceased family member and solely represent my own views.
Unbeknown to me, I was named an executor in a will of my family member. When the testator passed on, I was kicked into action. Here are some three things I learnt from my experience which may help you to decide if you should take up the role should anyone ask of you.
Contributed by Sani Hamid, Director, Wealth Management (Economy & Market Strategy), Financial Alliance Pte Ltd
(The contributor can be contacted at sanihamid@fa.sg)
In this issue, I want to highlight how investment advisory plays a crucial role in helping investors conquer a major scourge when it comes to investing: fear. This can relate to either the feeling of over-pessimism or over-optimism among investors.
Contributed by Sani Hamid, Director, Wealth Management (Economy & Market Strategy), Financial Alliance Pte Ltd
(The contributor can be contacted at sanihamid@fa.sg)
When the markets fell sharply in the last quarter of 2018, some investors may have suffered losses. If you are one of them, what do you do?
Contributed by Jonathan Low, Manager, Wealth Management, Financial Alliance Pte Ltd
(The contributor can be contacted at jonathanlow@fa.sg)
According to the latest 2017 Legg Mason Global Investor Survey covering more than 15,000 respondents across 17 countries, 61% of Singaporeans consult a financial adviser – exceeding the global average of 46% and Asian (except Japan) average of 55%.
