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Archive for July, 2014

Come early 2015: Buy basic insurance directly, save on commission

SINGAPORE - Come early next year, consumers here can bypass insurance agents to directly buy basic life insurance products at a likely lower price. The Monetary Authority of Singapore (MAS) announced on Wednesday that it has discussed the parameters for the sale of such products with industry players and other stakeholders for the past 10 months. For a start, MAS will require all insurance compani... more

CPF study to quiz 25,000 on health, retirement needs

SOME 25,000 Singapore residents aged 45 to 85 would soon be invited to take part in an unusual government study of retirement and health needs. The group of Singaporeans and permanent residents (PRs) will take part in what is believed to be the largest study of its kind here. And it is a longitudinal study: A participant will be polled once every two years over 10 years, "to study changes in ... more

Buying a home? Wait…

INDUSTRY experts have advised potential home buyers to wait if they are thinking about plunging into the property market as prices can only get more attractive. They told a round-table session organised by The Straits Times last week that while eight rounds of cooling measures and lending curbs have sent private home prices down by 3.2 per cent over the past nine months, more declines are expected... more

Many S’poreans keen to work in golden years: Poll

How retirees can stay afloat - and thrive We usually think of retirement as a welcome chance to put our feet up after years of slogging it out at the coal face but plenty of Singaporeans have no intention of quitting the daily grind altogether. Responses to questions from The Sunday Times Invest found that a whopping 73.1 per cent of those polled either plan to work part-time or be active investor... more

Stop spending your money to impress others

Having some female friends means that even a fashion ignoramus like me has learnt a thing or two about ladies' luxury brands. Several of them can't stop talking about the topic, which unfortunately means that I can't stop listening to their chatter. I've learnt to identify the distinctive gold logo of a Prada bag and the chequered design of a Burberry - which, by the way, is different from the che... more

Why Asian Equities Are Poised To Head Higher

A reversion to the mean for equity valuations should see undervalued Asian stocks head higher. Click here to read on.
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