Did Your Banker Try to Sell You That?

The most common questions I receive every year-end are related to the Supplementary Retirement Scheme (“SRS”) – how does it benefit them, and if I would recommend them to contribute to SRS. To which, I would usually reply “It depends”. And they are often surprised by my answer, because all that they have heard from […]

I have had so many enquiries from my clients and others about their PruFlexiCash plans that I decided to review this plan first for my [Did your banker?] series. “Is PruFlexiCash good?”or “Should I terminate my PruFlexiCash?” are examples of the questions I have received. Which leads me to, why do they have these questions or regret? […]

As advisors, we invariably get a lot of questions on insurance or investment plans from our clients whose bankers have tried to sell them. And boy are we glad they asked us before they commit to it! Many a time there are better plans out there, or perhaps the banker didn’t explain the product properly, […]