Universal life insurance is one of the best solutions for legacy planning and retirement planning. It provides guaranteed returns and liquidity in a volatile time like now. But universal life insurance is a very complexed and highly customizable product too. That is why it is often poorly advised, if not mis-sold. As a licensed independent […]
AIA Increase Platinum Legacy Crediting Rate
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 of increasing interest rates spooked the bond market. Realistically speaking, rising interest rate is bad for most insurance products. your whole life policy, your endowment and your […]
Understand AIA Platinum Legacy Products
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 risk, these are the fundamentals of managing our finances. Yet so few of us do it well. We are far better at earning an income than investing it […]
Will Singapore Dollar continue to strengthen?
Investors are famous for their herding behaviors. When market is up, people go to chase risky assets hoping it will go up forever; When market drops, everybody is panic as if there is no tomorrow. The news only tell us what has happened in the past, but people always associate these events with what would […]