27 Mar '12, 10am

Singapore Financial Services Sector To Face Dramatic Changes

Singapore Financial Services Sector To Face Dramatic Changes by Calvin Yeo on March 27, 2012 Monetary Authority of Singapore (MAS) said that it will launch a review on current financial products with the aim of lowering the costs of the products as well as raising the quality of advice given by the agents. I actually find these expected changes to be quite welcoming; however, I do wonder about the effectiveness and the speed at which these policies will be implemented. Cost Reductions of Life Insurance Policies One of the main proposals is to examine the cost structure of life insurance policies where not only the agent receives the fees but the supervisors as well. According to Mr Ravi Menon, Managing Director of MAS, “for a whole life insurance policy, the total commissions and overrides earned by the representative and his supervisors would be equivalent to about 160 pe...

Full article: http://thefinance.sg/2012/03/27/singapore-financial-servi...

Tweets

Sweeping changes to the financial industry is c...

thefinance.sg 27 Mar '12, 10am

Yesterday, the Managing Director of Monetary Authority of Singapore announced possible sweeping changes to the financial i...

Financial advisory sector here faces shake-up

Financial advisory sector here faces shake-up

straitstimes.com 27 Mar '12, 12am

Monetary Authority of Singapore (MAS) managing director Ravi Menon said on Monday that MAS will launch a Financial Advisor...

MAS to conduct comprehensive review of financial advisory industry

MAS to conduct comprehensive review of financia...

straitstimes.com 26 Mar '12, 1pm

The Monetary Authority of Singapore (MAS) said it will conduct a comprehensive review of the insurance industry that could...

Holistic care focus helps Singapore face health care challenges: By Sara Grosse | Posted: 28 March 2012 1207 hrs...

Holistic care focus helps Singapore face health...

channelnewsasia.com 28 Mar '12, 4am

SINGAPORE: Focusing on holistic care instead of episodic care will help Singapore face heath care challenges like managing...

Latest MAS initiative on financial regulation is good, but more should be done

Latest MAS initiative on financial regulation i...

sgpolitics.net 28 Mar '12, 8pm

Latest MAS initiative on financial regulation is good, but more should be done March 29, 2012 by admin Filed under: Curren...

Aerospace & Defense Growth to be Driven by Indi...

defense-update.com 27 Mar '12, 6pm

Through the years India has established an impressive infrastructure of aerospace and defense research, development and ma...

Scotland's green energy sector powers up 11000 ...

businessgreen.com 26 Mar '12, 11pm

More than 11,000 people have secured a job in Scotland's emerging renewable energy industry, according to a major new surv...

Jetstar Asia appoints former chief financial officer Mr P. Barathan as new boss

Jetstar Asia appoints former chief financial of...

straitstimes.com 26 Mar '12, 11pm

Singapore low-cost carrier Jetstar Asia has picked its ex-chief financial officer as the new boss. -- ST PHOTO: CHEW SENG ...

Half of senior NCOs to face separation boards

armytimes.com 26 Mar '12, 11am

http://www.armytimes.com/news/2012/03/army-senior-nco-separation-boards-032612w/ Half of senior NCOs to face separation bo...

Get the full lowdown of all the High Peak chang...

trentbarton.co.uk 31 Mar '12, 7am

From 1 April a new bus company called High Peak will take over some of our bus routes, this affects the following services...

{New Blog Post} Face Off.: South African kids are so warm and endearing..

{New Blog Post} Face Off.: South African kids a...

storyofbing.com 03 Apr '12, 12am

03 Apr 2012 | Posted in Bing , South Africa | Comments It’s not often that I am at the mercy of a child. But I met this li...

Table tennis: Singapore women to face Germany or N. Korea

Table tennis: Singapore women to face Germany o...

straitstimes.com 29 Mar '12, 8am

Singapore's Li Jiawei in action against the Netherlands in a Group B match at the World Team Table Tennis Championships in...

#chess Brave Singapore to face mighty China - T...

todayonline.com 31 Mar '12, 9pm

DORTMUND - "That which does not kill us, only makes us stronger," German philosopher Friedrich Nietzsche once said. It loo...