Personal Finance
Fee-Based Financial Planning in Singapore (Overview)
By Wilfred Ling, The IFA on Duty  •  May 1, 2014
Are you looking for fee-based financial planner in Singapore? Look no further because you could be looking for a needle in the haystack! There are only a few handful of fee-based financial planners in Singapore. Wilfred Ling is one of the very few advisers in Singapore providing fee-based financial planning. Why are there so few fee-based financial planners? The following are some reasons (click on the relevant titles to expand):

1. No regulatory requirement on financial planning

Financial planning in Singapore is not regulated. You will be surprised that anyone can call themselves Senior Financial Consultant, Wealth Manager or even Money Coach. The truth is there is no regulation stopping them from using such confusing labels. While financial advice on insurance and investments are regulated activities, regulation is only pertaining to one-one advice. Anyone can conduct a forex course to a class full of students and yet there is no ...
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By Wilfred Ling, The IFA on Duty
Wilfred Ling is a Chartered Financial Consultant with Promiseland Independent Pte Ltd. He is a fee-based financial planner by profession.
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