Markets these days are anything but certain. From the COVID-19 pandemic, to the Russia-Ukraine war, looming energy crisis and, closer to home, inflation rates peaking at a 14-year high, volatile markets have become the norm. Aspiring investors might wonder, is now a good time to...
You may have come across Investment-Linked Plans (ILPs) but kept a good arm’s length away from them. After all, with the infamous reputation that they have built, are ILPs worth investing in?Let’s just put it out there once and for all: not all ILPs are...
[vc_row][vc_column][vc_column_text]Most of life’s milestones don’t happen by chance. Be it learning how to ride a bicycle for the first time as a kid, collecting the keys to your first home or starting your own family, achieving your dreams takes effort, and most importantly, intent.Similarly, financial...
It is normal for some of us to look back and realise we have made some poor decisions while growing up. A lot of us have made decisions that were not the wisest. As we continue to grow older and enter various stages of life,...
If you are in the market for a product that provides insurance coverage while growing your money, you may have come across these two instruments: Investment-Linked Plans (ILPs) and endowment plans.Both are insurance plans that come with cash values, but what are they exactly and...
One of the first things you have to do after purchasing an Investment-Linked Plan (ILP) is to pick your funds. As you know, returns from your ILP are non-guaranteed and largely dependent on how well your chosen funds perform. For this reason, it is important...
There are many different types of investment products out there, and one that has traditionally divided opinion is none other than Investment-Linked Plans (ILPs).A hybrid product that combines both insurance and investment, some like it for its flexibility and multi-functionality. Then there are those who...
From higher utility bills to increasing prices of coffee and bread, inflation is a growing concern in Singapore. This February, the overall inflation (or consumer price index) rose to 4.3%. To give you some context, Singapore’s overall headline inflation has historically averaged at about 2%...
With inflation, GST hikes and higher income tax in Singapore, the need to better manage one’s finances is more important than ever. Could investing be the solution? According to a poll conducted by Milieu Insight and analysed by Finder, 52% of our local population have...
Investment-Linked Policies (ILP) have come a long way. Some have said that it’s one of the most complex forms of insurance, and others sought to clarify misconceptions about this financial tool. When it comes to insurance and investment, knowledge is king. Hence, regardless of what...