I retired from NTUC Income on 28 February 2007, after heading this cooperative for 30 years. I now run a consultancy company. See www.tankinlian.com. I write this blog to give my views on insurance, investment and financial planning for the benefit of consumers. You can contact me at kinlian@gmail.com.
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2012
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05/27 - 06/03
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- Population of Istanbul
- Disappointing Turkish Airlines
- No need for immigtation cards at Istanbul Airport
- Hope for a new beginning
- Congratulations to Mr. Desmond Choo
- Student should not buy life insurance too early
- Moving towards a democratic society
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- Land banking
- Uncommon set-top box
- Facebook Illusion
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05/20 - 05/27
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- Fair value of a stock
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05/13 - 05/20
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- Making a health insurance claim
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- Update on Corporate Portal
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- Internet browser
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- A fair investment product
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- Wall Street Journal: 1937 vs 2010
- Views of young people
- Temasek Investment Results
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- How does believing we are souls help us in our dai...
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- Young people in Singapore
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- FAQ - Personal Accident Insurance
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- Lend money to a friend
- SingTel Website
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- A different view
- Decentralising of risks
- FAQ - Financial planning for a retiree
- Effect of deduction
- Critical Illness claim
- World Cup - the octopus
- Video - Wisdom on how to live life [2]
- Leaders of the Free World
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- Major I.T. Failure
- Marriage Humor
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- Tips on buying life insurance
- FAQ - Insurance for a child
- FISCA Educational Talks
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- Are Singaporeans paying for monkeys?
- Distance based fare
- The legacy of reputation
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- Invest in STI ETF
- Talks on Financial Planning to Students
- Better, betterer, betterest
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5 comments:
Mr Tan, it's good to see you promoting financial literacy to the masses and the young people. As a nation without any social security and defined benefit plans (aka pension), Singaporeans are responsible for their own retirement. The sad truth is that probably 90% of the people out there are financially illiterate and can easily fall prey to lousy products or worse scam products.
Your talk will help the future consumers to steer clear of insurance agents who are salesmen out to con people.
Garrett is generous to put the current illiterate consumers at 90%. I reckon it is 99% and this includes salesmen of financial products . Sure die..how to get good and appropriate advice when these conmen and women licensed by MAS are not qualified even and out to steal your money? The consumers are not protected and they are like pigs queuing up to be slaughtered.
Well, done Mr. Tan. You are doing a great service when the people who are paid million dollar salary are not and still want more salary.
Tell these youngsters that insurance agents are people who can't get a job and attracted to the industry by promise of get rich quick scheme offered by insurance companies..
If they are interested in finance they should have strong moral values , honest and get a proper qualification to help people who entrust their future in their hands.
Mr Tan,
Would you be comfortable giving such talks in a CC? I think your analysis is quite good and am considering your offer since it would definitely benefit our youths.
Reply to Muhammad Yusuf
For a CC talk, I like to charge a fee of $600 to give revenue to FISCA. Details can be found here:
http://www.easysearch.sg/Admin/File.aspx?id=14
Your CC memebers can also attend the talk to be held by FISCA (see www.fisca.sg) $30 for non-members, $10 for members.
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