A professional financial practitioner does not work alone. He worked as a team. More than merely a team member, the professional financial practitioner is the one that exhibit the leadership quality to lead the team. An analogy is that the general medical practitioner does not work alone but relies on other professionals. But the difference [...]

Someone informed me of a research done by three researchers from Wharton,Harvard Business School and Harvard University relating to commission-based agents in the India life insurance market. The following were some observations: In our first experiment, we randomly vary both the stated belief of the customer as to which product is most suitable, as well [...]

I just submitted the letter to MAS: Dear Sir, RE: Feedback for Financial Advisory Industry Review (FAIR) As a full time fee-based professional financial planner for many years, I bring with me significant experience which I want to share with the committee. I am a CFA charterholder, Chartered Financial Consultant and as well as an [...]

The following was published on the ST Forum Online on 31/3/2012: HERE AS A fee-based financial practitioner for many years, I take issue with the reported comments by Mr Vincent Ee, vice-president of the Association of Financial Advisers Singapore (‘Financial advisers seek gradual changes’; Thursday). He said financial advisers who are paid a fee for [...]

In this recent video, the CEO of Starhub gave his insights on why pure mobile operators might be under threat the issue to address mobile roaming tariffs managed services may not be what people think [Video @ Telecoms.com]

The following letter was published on Straits Times online HERE: I SUPPORT the Monetary Authority of Singapore’s review of the commission-based structure of financial advisers (‘Financial advisory sector faces shake-up‘; Tuesday). Many advisers and firms have their doubts, anticipating that clients will be unwilling to pay for advice. But that is the case because the [...]

Yesterday, the Managing Director of Monetary Authority of Singapore announced possible sweeping changes to the financial industry at the anniversary gala dinner hosted by the Life Insurance Association. It was also reported by the Straits Times Financial advisory sector faces shake-up Mr. Ravi Menon spoke of the need to put customers’ interested first. The following [...]