It is reported that AXA Insurance Singapore, which initially rejected any payout to the family of Chinese national Ma Chi who died in a deadly Ferrari crash last
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- Month: January 2013
Medishield Enhancement with effect from Mar 1, 2013
With effect from March 01, 2013, Medishield will be enhanced with the following changes The elderly will benefit from extended MediShield coverage up to the age of 90
Aviva discontinues Global Health and IdealMedical plans and transition of policyholders to Bupa Insurance
Aviva has recently announced that they have decided to withdraw two popular Health Insurance products, “IdealMedical” and “Global Health”, from the Singapore market. As a result of the
Enhancement of Baby Bonus Scheme
As part of the Marriage and Parenthood Package 2013, Baby Bonus Scheme has been further enhanced. Cash Gift for children born on or after 26 August 2012 Parents
What happens to your investments under the CPF Investment Scheme (CPFIS) if you pass away?
Investment proceeds under CPF Investment Scheme (CPFIS) are not covered under the CPF nomination.  If you pass away, your investments under the CPFIS and any cash held in his
Summary of Financial Advisory Industry Review (FAIR) Recommendations
Yesterday, Mr Lee Chuan Teck, Chairman of the Financial Advisory Industry Review (FAIR) Panel, announced the recommendations of their review for the MAS consideration. The FAIR Committee has
Summary of 7th round of property cooling measures
Last Friday (11th Jan 2013) evening, the Singapore Government announced a sweeping 7th round of property cooling measures since 2009, with a series of policies including: Raising Additional
Re-Classification of certain foreign shares as Excluded Investment Products (EIPs)
With effect from 4 January 2013, about 180,000 investment products listed on foreign exchanges are no longer treated as Specified Investment Products (SIPs). They are instead the reclassified
SGX will publish daily reports on short-selling volumes
On 8 Jan, the Singapore Exchange (SGX) announced that they will report daily short sales volumes for every counter beginning in March as it aggressively pursues leadership status