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Is MA aware insurance companies are aggressively offering product incentives to agents to beat deadline ban?
By now MAS should know that insurance companies are not sincere about cooperating with MAS on fair dealing outcome to consumers.They say one thing and...

Life insurance sector reports robust growth but who benefits from it? The insurance companies and their salesmen or the public?
Growth means more commission into the agents' pockets . The LIA's president claims that in the last 5 years the gap between the amount of coverage and...

Self directed purchase of life insurance should include other insurance products like so called retirement products, limited payment  endowment, universal life and many others.
Kudos to MAS for introducing the direct life insurance. It is long overdue. Consumers can now buy life insurance without the influence, harassment and...

MAS reccomended sweeping changes are a BIG joke if not crap.Who is MAS protecting? the insurance salesmen or the consumers?
Raising the standard for new entrants to the industry to A level? MAS , you better keep the O level. What is the difference? maybe marginally differen...

Sepeda Motor Bebek Injeksi Kencang dan Irit Jupiter Z1
Sepeda motor bebek injeksi kencang dan irit jupiter z1 4AS Already our minds when it comes to duck Injection Motorcycle Fast  and economical cour...

Why graduates and some professionally qualified people are joining the life insurance industry as salesmen?
Why? Because they can get rich quick.As engineer or an accountant you can't. They can earn as much as $200K in the first year as insurance salesmen...

MAS should not let the Alliance of insurance agents, their managers and their benefactors the insurance companies to stop the implemantation of FAIR dealing for consumers. Don
In today's ST it is reported that an alliance of 15000 agents and managers and 8 insurers are opposing the move to fee based citing the loss of job fo...

An Excerpt from JF Kennedy
An effective leader is one who is able to articulate his people's needs and aspiration. In so doing the people rally round him to join in a common cau...

Why would someone with 5 degrees become an insurance agent, a lowdown despicable job in some countries? Is it that he wants to help the poor people and the oridnary folks in the streets or these folks are easy targets , his cashcows to milk?
Doctors and lawyers can't earn so much as insurance agents in their professions. Why don't they join the life insurance  too. They can earn much ...

Prudential Insurance: No Trouble Unitl Claim (NTUC).Why? The insurance agents are only interested to sell you insurance and NOT your concerns.
MY SON is 19 months old and is hearing impaired with no other medical conditions.He uses a hearing aid and is as normal as any other child. He was dia...

Salute to a True Blue Singaporean
True-Blue Singaporea: A Salute From a Fellowman I read with sadness and regret the death of Mr Christopher Neo Ting Wei of the National Solid...

Looking Back in Going Forth to Re-inventing Singapore
Looking Back to Going Forth in Re-inventing Singapore Despite what  detractors and the Opposition Parties predictably would not admit, the achie...

Reported in the Sunday Times a customer wnt to NTUC Income to buy a pure investment but was mis-sold a regular ILP called  VIVOLINK with high commission embedded but was NOT told of the high charges and insurance. No fact faind was carried out.
What this customer experienced at the NTUC income was normal and so is with all the other insurance companies. No fact find and usually customers a...

Who is cheating who? MAS or LIA? The mystery shopping survey of MAS contradicts the survey of LIA.
I assume MAS mystery shopping survey is correct and LIA's survey is fake and also the quarterly reports because the results are the evidence. You can ...

The CEOs of insurance companies are fighting tooth and nails against the changes to defend their lifestyle
The CEOs of insurance companies are getting so desperate that they are concocting bogus reasons in the hope the regulator will hear them. High hope th...

European Union to vote in parlaiment whether to ban commission from financial products on 9th or 10th July.
The proposal was drafted by the European Commission, which remains in  favour of protecting investors against biased advice by banning  comm...

Student conned by insurance agent into buying a rotten cashback endowment.
I would like to ask how to get justice for the loss that I suffered on my Prucash endowment policy bought in 2007. My objective was to have a savin...

Unless MAS quickly change the industry advice driven model many honest and competent financial advisers are leaving the industry. What is left are incompetent and commission driven insurance salesmen.
Good and competent financial advisers cannot survive in the current profit commission driven model because they don't want to be part of the current h...

How come insurance agents and insurance companies never disclose that the agents recieve 160% of the premium from the products as commission? How can we trust them on other things?This is dishonesty..
All these years we didn't know that the insurance agents  recieved 160% of the premium from the products as commission. We were shocked when MAS ...

Is MAS aware that IFPAS is organising a forum to put pressure on MAS to remain status quo so that they can continue to earn high commission to become millionsaires? MAS must not give in to them to betray the consumers.
On the 6th June IFPAS at Singpost theatrette is lobbying the support of all insurance agents together to pressure MAS not to make changes to the compe...

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