“Cheated” by the insurance company

In my near 20 years in the financial advisory business, one of the most common complains by policy holders is that they were cheated by the insurance companies. It could be in the chance when a claim was submitted and being rejected or the insurance company did not pay the maturity amount as promised. In… Read More

Supplementary Retirement Scheme (SRS)

The Supplementary Retirement Scheme (SRS) was established on 1st April 2001, to complement our Central Provident Fund (CPF) savings. While our CPF savings are often used for housing, education and medical payments, SRS is a tax-incentivised, voluntary form of savings strictly meant for retirement. SRS is open to all Singaporeans, Singapore Permanent Residents (SPRs) and… Read More

Does a smaller loan on your property makes sense?

The outlook for mortgage rates is that the rates are expected to go up. It is a known fact the mortgage rates have a significant impact on the cost of buying a home. When the rates increase, your monthly payments go up. A 5 basis point change in the rates can be significant in the long… Read More