Singapore Financial Planners

A flexible endowment plan which allows you or your loved ones the option of making partial cash withdrawal at any time, the Great Eastern GREAT Wealth Multiplier aids you in attaining your financial needs/goals for the future. Not only that, but this plan also provides you with a piece of mind by guaranteeing your capital after a certain period. Criteria Minimum premium payment term of 5 years No medical underwriting needed   Features Policy Terms You can choose between a policy term of 5, 10, or 15 years with the Great Eastern GREAT Wealth Multiplier II. By choosing the 5 or 10-year premium payment duration, the capital that you invested in will be guaranteed after your 15th policy year. Whereas for the 15-year premium payment, your capital is only guaranteed after your 20th policy year. Premium Allocation 100% of your premiums paid will be allocated to purchase the participating fund units. As of 31st December 2020, the allocation of your premiums is as shown in ...

So you’re talking to a financial advisor and are currently stuck on whether you should  invest via iFAST  or an  investment-linked policy (ILP) . This is a great question to ask especially since you’re entrusting someone else with your money. In this post, we go through the considerations you’ll need to decide if you should get an ILP or invest through iFAST. At the end of this post, we compare the differences in returns between them. Considerations Before Deciding on iFAST or an ILP Access to Funds Firstly, you’ll have to consider the access to funds that the ILP offers as compared to iFAST. Different ILPs in the market have access to different  unit trusts. These unit trusts might or might not be the same as what is currently being offered by iFAST, and is one of the first considerations you should have when making your decision. iFAST offers  253  fund managers to choose from. ILPs conversely offers a limited selection to choose from with the...

So you’re talking to a financial advisor (FA) and they’re offering to help you invest your money via iFAST. You’re thinking to yourself, what the heck is iFAST and should I even put my investment there? Well, you’re in luck, because in this post, I’m going to talk more about what is iFAST and what you should take note of when your financial advisor offers you this service. What is iFAST? iFAST is one of Singapore’s largest independent investment platforms offering businesses access to local and international unit trusts and ETFs . If you are familiar with one of the most popular online brokerage accounts in Singapore , FSMOne, iFAST is the B2B arm while FSMOne is the B2C platform. However, what makes iFAST different from FSMOne is that iFAST provides an all-in-one system for financial advisors to manage your investments for you. From creating an account, managing fees and monies involved, and choosing the funds to invest in, your financial advisor can do everything from scratc...

The NTUC Star Secure is a whole life insurance that offers basic coverage against death, terminal illness, and total permanent disability. It also allows for customisation and flexibility of premium payment from 5 to 30 years (in five-year intervals) or up to 64 years old, multiplying up to 500% the sum assured, enhancement of critical illness coverage , as well as with the option of several other optional riders. As a participating policy, it accumulates cash value in the form of guaranteed and non-guaranteed bonuses. Criteria  Minimum sum assured of $20k.  Entry Age Life Assured entry age: 0 years old to 64 years old. Policyholder: 10 years old to no stated maximum entry age.   Basic Product Features Coverage Duration The NTUC Star Secure offers you coverage for your whole life with the multiplier benefit payout up till the age of 70 years of age. Policy Terms The NTUC Star Secure is a regular premium policy with flexible policy term options rangi...

Getting life insurance is kind of like a rite of passage into adulthood. First, you start off paying your own phone bills, and next thing you know you’re meeting your financial advisor friends to understand more about the different types of life insurance available. In this article, we’re zooming straight into whole life insurance, perhaps one of the core life insurance products. There are many whole life plans out there and while all of them are similar, no two are the same. The minute differences and complicated terms & jargon used don’t make it very beginner-friendly either. And on top of that, as it is a big-ticket item that requires a long term commitment, making the wrong choice can cause your wallet to take a hit. But don’t worry, we’ve taken the liberty to break down and explain the key factors you should look at when choosing your life insurance plan. Following that, we provide a high-level view of the whole life policies in Singapore and carefully selected the best pl...