I was reading the weekend edition of The Business Times and read an article which mentioned a survey done by the Monetary Authority of Singapore more than a year ago on banks and insurance companies. It was found that: 1. 50% of investors were not asked about their financial objectives or risk tolerance. 2. 48% of investors were not informed of fees and charges. 3. 40% of investors were not asked about their investment experience. 4. 30% of products recommended to investors were not suitable for them. Have things changed? I very much doubt it. Why do I say this? I still receive cold calls from insurance companies and tele-marketers, representing banks, promoting insurance and investment products. Usually, these callers would launch right into why a product had good features, good potential returns and was good value for money. A call I just received last week from an insurance agent whom I ......