Is the info updated? Because I know for sure that Dr Money's Best bank deposit rates info is not. Or is the ILP charges hardly change, unlike deposit rates?
To David Years back I took up Income Star structured deposit with UOB, then after a year or two it changed and managed by another financial company. Eventually, the fund was closed and paid out was given back to investor. Overall, I did not lose money in this structured deposit but got a better return than fixed deposit. Since then, I never dare to venture into this again. Dr. Money's website did not delete this fund, so my conjecture is that this website is not reviewed or updated at all!
Is the info updated? Because I know for sure that Dr Money's Best bank deposit rates info is not. Or is the ILP charges hardly change, unlike deposit rates?
ReplyDeleteTo David
ReplyDeleteYears back I took up Income
Star structured deposit with UOB, then after a year or two it changed and managed by another financial company. Eventually, the fund was closed and paid out was given back to investor. Overall, I did not lose money in this structured deposit but got a better return than fixed deposit. Since then, I never dare to venture into this again. Dr. Money's website did not delete this fund, so my conjecture is that this website is not reviewed or updated at all!