Singapore Financial Planners

The Manulife ReadyBuilder is classified as a savings endowment plan which provides you with much flexibility with withdrawals and the option to transfer to your children. Criteria Minimum premium of S$1,159.33 yearly. No medical underwriting needed.   Features Policy Terms Under Manulife ReadyBuilder, you can choose from 4 premium payment terms 5, 10, 15, or 20 years. If you can afford to, Manulife also accepts a single lump-sum premium payment under this plan. The table below shows the corresponding minimum premium amount for your selected payment term. Premium payment term Minimum annual premium amount (S$) Minimum sum assured (S$) Single 9,909.09 10,900 5 years 4,645.22 25,200 10 years 2,325.79 24,500 15 years 1,741.94 24,300 20 years 1,159.33 19,200 The above table is set out under the assumption that the person insured is a 24-year-old female, who is a non-smoker. Premium Allocation Since minimum premium amounts are net, which me...

AIA offers a range of 4 different investment-linked policies. In this article, we will be collating and summarising each product in each category. AIA Platinum Wealth Elite The AIA Platinum Wealth Elite is one of a kind because it gives you the options to fine-tune your risk in SGD or USD. This is done with 3 distinct types of portfolios for you to choose from, namely Conservative, Balanced or Adventurous. Furthermore, along with the plan, you get wealth management and assistance through selected prestigious partners so that you don’t have to worry about not knowing what you’ll need. The plan also provides you with liquidity as it lets you take out 5% of the plan’s policy value each year. Also, you are able to choose between a single premium payment or make premium payments for 5 years from the 11th policy year onwards. If this still does not seem enough, the plan provides guaranteed coverage till you turn 122 years old. Upon the death of the life assured, the higher of the prese...

Walking past a great area bedecked with celebratory lights and sparkles certainly adds a little pop to your step. What if someone were to give you ownership of that space? Thinking that this person is insane, you would probably keep walking and not give it a thought. But why not? You should think again and look into the world of real estate. You don’t need loads of capital to own the space, because there’s an option for retail investors. The answer to your question lies in Real Estate Investment Trusts (REITs) in Singapore. What are REITs? REITs are listed companies found on the Singapore stock exchange (SGX). Purchase of REITS in Singapore occurs similarly to stocks. Usually, public companies take money from investors to operate their business effectively. However, REITs utilise the investments to purchase and manage properties. How do REITs work? REITs work on the basis of accumulating funds from a variety of investors to purchase and run the properties under the trust. By i...