Published: May 20, 2010
You may or may not have heard about it, which was passed two years ago by the Parliament in Singapore but only took effect on 1st March 2010. The Mental Capacity Act serves to protect the mentally-incapacitated, a group that is expected to increase with Singapore’s aging population and rising dementia rates.
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Published: October 22, 2009
Dealing with life and all its complexities just got easier for life insurance policyholders. With the new Insurance Nomination Law in effect from 1 September 2009, policyholders now have more flexibility and control in naming their beneficiaries and a choice of control over the policy. For policies purchased from 1 September 2009, you now have a choice to make a trust nomination or a revocable nomination, as best suits your purposes.
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Published: September 30, 2009
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Published: August 13, 2009
You have been working very hard all these years ever since that you have landed in that dream job. But have you pause to consider if what you have accumulated to your financial status is in line with your income? Have you had any idea the status of your financial health? One of the assessments is through your Networth position, ie. total value of what you owned less off everything you owed. The balance of the two will be your Networth value. In accounting terms, it will be the value of total assets you have less off the total liability value.
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Published: May 13, 2009
~factors that affect your insurance premiums and tips on lowering them
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