'Aviva lays down marker: Private hospital IP top-up premiums up 10% to 25%', TODAY 18 November 2016
Financial consultant Wilfred Ling said a 57-year-old client on Aviva’s MyShield Plan 1 asked him on Wednesday for advice on what she should do. The woman’s policy is up for renewal next June and she can afford the increase in premiums for now, but was worried about future increases... (for full text, read HERE).
'Preparing for the inevitable: How to manage your finances before you die', TODAY 22 October 2016
The key to this planning, Singapore financial consultant Wilfred Ling observed, is to identify the best methods for the holding, transfer and distribution of your estate... (for full text, read HERE).
'Saving $1m through CPF', Straits Times 4 September 2016
Promiseland financial adviser Wilfred Ling says Mr Loo's method of using his CPF to accumulate $1 million is viable.
In fact, he worked out that it is possible for a CPF member to accumulate $1 million before the age of 57 by starting to top up the Special Account from age 25.
He based his calculations on a few assumptions... (full text can be read HERE)
'Low-cost option may not achieve economies of scale', Straits Times 5 August 2016
Financial consultant Wilfred Ling says that CPF investors may blame the Government, should they lose money in the scheme. Hence, the CPF Lifetime Retirement Investment Scheme needs to have safeguards in place. (Full text can be read HERE).
'Use incentives to spur financial sales reps' , Straits Times 28 December 2015
Financial consultant Wilfred Ling said that the financial advisory industry in Singapore seems to be the only occupation that deducts remuneration but provides no incentives for excellence. (Full text can be read HERE).
'Increase MediShield Life coverage for psychiatric treatment' , Straits Times 13 October 2015
Wilfred Ling said that many people with mental illness are not willing to come forward for treatment because of the stigma associated with such conditions. It is unfortunate that the coverage by MediShield Life for psychiatric treatment remains minuscule. (Full text can be read HERE).
'Care needed in raising Integrated Shield premium', Straits Times 2 February 2015
Wilfred Ling urged the Government and insurers to be cautious when increasing the premiums for Integrated Shield Plans (IPs) for MediShield Life. (Full text can be found HERE).
'Insurance sales: More info, less understanding', Straits Times 3 January 2015
Wilfred Ling said that many policyholders will realise of being missold an insurance policy only after 40 years. (Read full text HERE).
'Regulation of CPF nominations not feasible', Straits Times 9 December 2014
Wilfred Ling thinks that many people are already unhappy over limitations on how much CPF savings a person can withdraw at age 55. Regulating the manner in which one can bequeath one's CPF money would only increase the unhappiness. See full text HERE.
'Home Protection Scheme: Why cover starts upon collection of keys', Straits Times 8 October 2014
Wilfred Ling said that one of the problem of Home Protection Scheme is that coverage does not start when one signs the Agreement for Lease for a new HDB flat; it starts only after the collection of keys. See full text HERE.
'Overcoming emotional barriers to lease buyback', Straits Times 2 September 2014
Wilfred Ling explained how to overcome the emotional barriers to leaseback scheme. See full text HERE.
'Beefed-up rules on exotic investments 'welcome'', Straits Times 23 July 2014
This could put many such firms, most of which are small operators, out of business, said Promiseland financial planner Wilfred Ling. "That could be good because fly-by-night operators will have to leave and we'll have only legitimate players left," he said. (For full text, read HERE).