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Buying Direct! 2015 could be one of the most significant year in Singapore’s financial service industry. It is like when digital books and digital musics started, many traditional
Since April 7th, 2015, consumers can start to compare insurance products from different insurers on a new web portal called CompareFirst. The web portal allows consumers to compare the premiums and
St James’s Place (SJP) International (not our famous ST James Power Station ^_^) has just been granted a life insurance licence in Singapore. This means that the company can
In recent years, the market share of insurance tied agency was on the downtrend. Two rising sales channels are independent financial advisers and Bancassurance. Bancassurance is probably growing at the
Many people buy education or insurance plans for their children, but most are not aware of a special clause in the policy called “Juvenile Lien”. It normally goes
Due to a change to the regulatory requirements issued by the MAS, from 1 Feb 2014 onwards, it is no longer permissible for the insurance service providers to
With decreasing interest rates in the past few years, universal life products were forced to reduce their crediting interest rates. Since the recent Fed’s hint of “tapering”, risk
In keynote address at Life Insurance Association 50th Anniversary Gala Dinner, Ravi Menon, Managing Director of MAS said: Saving for the future, investing for returns, and protecting against
With effect from 1 January 2012, about 362,500 CPF members who are paying annual Home Protection Scheme (HPS) premiums will enjoy average savings of 12% on their premiums.
Do you have life insurance? Probably yes. But what if the person who will receive your insurance payouts is not the one you intend to? Have you made your
