Singapore Budget 2024: Highlights on Personal Finance
On 16 February 2024, Deputy Prime Minister and Finance Minister Lawrence Wong gave his Budget Speech “Building Our Shared Future Together”. The Singapore Budget 2024 has come after a year filled [...]
Changes to Cancer Coverage for MediShield Life and Integrated Shield Plan
Note: This article has been updated on 4 April 2023. In 2020, the MediShield Life Council conducted the first major review of the MediShield Life scheme since its launch in 2015. One key finding [...]
Is a Short-Term Endowment Plan Worth Getting?
In recent months, there have been a couple of inquiries coming from our prospective clients and clients who are interested to explore parking their money into a short-term endowment plan. One of [...]
Do You Need a Critical Illness Plan?
Why do we need to be adequately insured for critical illness (CI)? We already have an Integrated Shield Plan, why do we need a CI plan? What is CI coverage for? These are some of the thoughts we [...]
Lump Sum Investing vs DCA, Is There a Clear Winner?
If today you are gifted one million dollars to start a portfolio, how would you begin investing it? Assuming you have decided what to invest in, how would you go about it, would you invest all [...]
Impact of MediShield Life Changes
MediShield Life was introduced back in the year 2015, a revamp from its predecessor “MediShield”. The key design for the plan is to provide affordable medical treatments for all Singaporeans and [...]
Is Premium Financing Still as Attractive?
3 years ago, my friend contacted me to seek my advice as she and her husband each bought a leveraged whole-life endowment plan from the bank. This friend of mine is risk-averse and has always [...]
Reimagine Your Retirement Wealth Planning
Retirement planning and security in a rapidly changing world The world we live in today is full of volatility and uncertainty. COVID-19 has impacted us greatly in ways we could not have imagined [...]
Can You Still Buy Insurance if You Have Medical Conditions?
“Can I still buy insurance? Which insurance companies are willing to cover me?” These are the questions I recall having asked by a prospective client who suffered from a heart condition while I [...]