Posts Tagged ‘financial advisers’
Too much disclosure can sometimes be bad
MOST people place their faith in the disclosure-based model which says that the more information financial advisers and companies are made to tell the public, the better. This is the rationale behind Regulation Full Disclosure (RFD) in the US and the Sarbanes-Oxley Act of 2002, and is the preferred regulatory approach that has evolved over the past decade in tandem with deregulated markets.
Howeve… more
Policyholders urged to name beneficiaries
MOST insurance policyholders need not do anything in the light of the new Insurance Nomination Act if they already have a will, say financial advisers.
But if they have no will and have not nominated a beneficiary – especially for policies bought after 2002 – they may be well advised to make a nomination now.
The new regime, which took effect on Sept 1, gives policyholders greater flexibility to c… more



