tag:blogger.com,1999:blog-11702093.post2460806278403811464..comments2024-03-28T22:56:40.743+08:00Comments on Tan Kin Lian's Blog: Investing retirement fundsTan Kin Lianhttp://www.blogger.com/profile/00617069056914635271noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11702093.post-8116150757650927492013-08-13T17:19:48.106+08:002013-08-13T17:19:48.106+08:00I understand where is Jeoffrey kung coming from? I...I understand where is Jeoffrey kung coming from? If he doesn't stress that CPFSA account is giving good return the insurance agents will try to CONvince and con the public into buying worse than CPFSA return insurance products from them.<br />Look at the performance report by LIA. It is horrible and yet LIA dares to boast the performance. Do you see the production is at the expense of protection need of the public? <br />The public has been sold useless wholerlife and endowment products. How to retire? If the public is sold single premium using the CPFOA money it is better and without risk for the public to transfer the money from OA to SA, right? Yet the insurance agents and the companies are deceiving the public into buying single premium endwoments which performs lower than SA earns. <br />CPF or MAS should ban the insurance companies from robbing the public.<br />So you see, SA may not earn as much as direct investing into higher return products the public must know that CPF pays more than the insurance companies . And the bunch of insurance agents are NOT qualified to advise on investment or retirement planning.<br />If the insurance agents are not banned from advising on retirment planning or investment the public will not be able to retire comfortably but the insurance agents can, from the huge commission earned from peddling these useless endwoment products.<br />MAS and CPF should require a separate qualification if insurance agents want to advise on investment and retirement planning.<br />The current insurance certs they have are useless and cat and dogs can also pass. Does this mean cats and dogs can be licensed to advise on investment and retirement?<br /><br />zhummmenghttps://www.blogger.com/profile/11494903461266369989noreply@blogger.comtag:blogger.com,1999:blog-11702093.post-92046509677215699292013-08-12T02:11:45.911+08:002013-08-12T02:11:45.911+08:00Hi Mr Tan
Thanks for the constant financial knowl...Hi Mr Tan<br /><br />Thanks for the constant financial knowledge spread to the society! AppreciatedSGBoy94https://www.blogger.com/profile/04487991167898596447noreply@blogger.com